Bristol-Myers Squibb Earnings Surge
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The drugmaker said its third-quarter earnings more than doubled on a surge in sales of its blood thinner Plavix, and it raised its outlook for adjusted 2007 earnings.
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Boston Scientific Corp. (BSX.N: Quote, Profile, Research) on Tuesday said its quarterly net earnings rose as sales of its new cardiovascular device bolstered results despite a costly recall.
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Boston Scientific Corp. BSX.N on  Tuesday said its quarterly net earnings rose as sales of its  new cardiovascular device bolstered results despite a costly  recall.
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Drugmaker Novartis reports a rise in 2004 earnings and forecasts record sales for this year.
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Diversified health-care company Johnson &amp; Johnson on Tuesday said its quarterly profit rose on higher sales of prescription drugs and medical devices.
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Bristol-Myers Squibb (BMY:NYSE - news - research) reported a sharply lower profit in the third-quarter as generic competition continued to eat away at drug sales and the company ratcheted up spending on research and development of new drugs.
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Quarterly profit soared thanks to new products, increased marketing and improvement in international business, the company said.
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The biotechnology company reported fourth-quarter net income of $201.2 million on strong sales of its two leading drugs, Rituxan and Avonex.
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Bristol-Myers Squibb said its third-quarter profit dipped 16 percent from a year ago to 758 million dollars as the pharmaceutical giant boosted research in the face of expiring patents.
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Temp firm posts strong revenue growth, stronger earnings, rampant dilution.
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Walgreen says its fiscal fourth-quarter earnings topped forecasts, rising 18 percent on higher prescription sales at stores open at least one year.
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Investors are wowed by the firmâs first quarterly earnings report since it became a publicly-owned company, which showed sales and profit more than doubled in the third quarter.
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Bristol-Myers announces a 22% rise in Q3 revenue as Plavix sales continue to rise.
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Eli Lilly and Co  on Tuesday  said fourth-quarter profit rose on higher-than-expected sales  of its medicines, including strong demand for its newer  treatments for depression, diabetes and cancer.
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The pharmacy chain said fourth-quarter earnings after preferred dividends jumped to $811.2 million with its acquisition of the pharmacy-benefits manager.
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Pfizer Inc. , the world's biggest drugmaker, on Wednesday said third-quarter earnings rose on higher sales of key medicines.
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The investment firm reported strong third-quarter earnings.