Bd and Bs meson systems play a fundamental role to test and improve our
understanding of Standard Model flavor dynamics. The mixing parameters Δmd,s represent important constraints in the unitarity triangle analysis.
Their theoretical estimates require non-perturbative calculations of B-meson
decay constants and B-parameters; accurate results, recently obtained from the
lattice, are reviewed. Other phenomenologically interesting quantities are the
beauty hadron lifetime ratios and, the width differences and CP-violation
parameters in Bd and Bs systems. We discuss their theoretical predictions
which, in the last four years, have been improved thanks to accurate lattice
calculations and next-to-leading order perturbative computations.Comment: 5 pages, 1 table, 3 figures, talk given at Beauty 2005 (Assisi, June
20-24, 2005