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AstraZeneca Share Price up Despite Q3 Profit Drop

Shares in AstraZeneca were up on the FTSE 100 in afternoon trading, despite the group reporting a drop in revenue and pre-tax profit in the third quarter, thanks to the loss of exclusivity on some of its brands and the disposals of Astra Tech and Aptium.
Rolls-Royce Positive on 2012 Performance

Rolls-Royce Upbeat on 2012 Performance; S&P Sees Stable Outlook

Last month, S&P's Ratings Services raised its long-term and short-term corporate credit ratings of Rolls-Royce Plc to 'A/A-1' from 'A-/A-2' and said the group's outlook is stable. The rating was upgraded after the strong operating, financial performance and stable cash flow generation by British aerospace group.
GKN PLC Earnings Performance

GKN Expects Robust Growth in FY 2012, Leads Race to Acquire Volvo Aero

Shares of GKN, a global engineering group, rose 4.7 percent last week as Credit Suisse raised its rating to "Outperform" from "Neutral" and sets price target at 240 pence though during last month the group's shares underperformed the sector by shedding 9.9 percent, compared to 8.2 percent decline for the sector.