January 2008
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Merck posted a $1.63 billion fourth-quarter loss on Wednesday as charges for its Vioxx litigation settlement dragged down results and share prices.
CHICAGO (AP) ? Boeing reported a 4 percent increase in fourth-quarter profit on Wednesday, topping Wall Street?s expectations despite concerns over delays in the 787 Dreamliner.
The newspaper publisher and television station operator said fourth-quarter profit dropped 70 percent, hurt by a write-down and less political advertising revenue.
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Written by admin on January 31st, 2008 with no comments.
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The company posted fourth-quarter profit of $414.9 million, helped by growth in emerging markets and the weaker dollar.
Fourth-quarter earnings jumped 64 percent, due in part to a $214 million gain from a tax benefit, as well as more streamlined operations at the military contractor.
The auto parts maker reversed a year-earlier loss, supported by strength in its business outside North America and a broad restructuring.
Written by admin on January 31st, 2008 with no comments.
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The investor Carl C. Icahn said he was trying to get three supporters elected to the board of the biotechnology firm Biogen Idec because of concerns over the sales process.
The brokerage house said Monday that Ahmass L. Fakahany would leave effective Feb. 1 as the firm builds a new management team.
Mr. Luce headed Con Ed from 1967 to 1982, dealing with the oil crisis of the 1970s and New York City?s 1977 blackout.
Written by admin on January 30th, 2008 with no comments.
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