Sanofi-Aventis Profit Up 31%
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Net profit in the fourth quarter rose to 753 million euros ($1.09 billion), helped by sales of the blood-thinner Plavix in the United States and cost-cutting measures, the company said.
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Humana Inc  posted sharply higher profit on Monday, above Wall Street's target, on continued strength in its Medicare health plans for the elderly and its plans for employers, and forecast next year's earnings ahead of expectations.
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Humana posted sharply higher quarterly profit, above Wall Streetâs average estimate, on strength in Medicare health plans for the elderly and its plans for employers.
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Health insurer Humana Inc  said on Monday that fourth-quarter profit soared 57 percent, beating Wall Street's expectations, on strength in its Medicare plans for older Americans.
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The drug maker Sanofi-Aventis said its fourth-quarter profit fell 4.6 percent under pressure from European health care reforms and generic competition for its blockbuster medicines. It said earnings would be flat this year. The company, which is based in Paris, declined to comment on reports that it had discussed a merger with Bristol-Myers Squibb. Net profit at Sanofi-Aventis fell to 1.38 billion euros ($1.79 billion) in the fourth quarter from 1.44 billion euros a year earlier. Sales increased 5 percent, to 7.36 billion euros ($9.53 billion) from 7.01 billion euros.
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Gallaher Group Plc, the UK maker of Benson &amp; Hedges and Silk Cut cigarettes, said first-half profit rose 31 percent as the company sold more tobacco in Eastern Europe.
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The publisher said second-quarter profit rose 25.4 percent, to $277 million, driven by good results at its Standard & Poorâs unit.
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Health insurer WellPoint Inc  said on Wednesday that third-quarter profit rose 7 percent as membership increased.
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Insurer UnitedHealth Group Inc.  said on Thursday that second-quarter profit rose, helped by higher premium revenue and favorable operating margins.
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Health insurer UnitedHealth Group Inc. said Tuesday its fourth-quarter earnings climbed 3 percent, as growth in prescription services and Medicaid plans offset a smaller profit in its core health coverage division.
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Merck & Co.  said on Monday that quarterly earnings rose 12 percent on strong demand for its newer vaccines and medicines, and raised its 2007 profit forecast, sending its shares up 4 percent.
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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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Sanofi-Aventis posted higher than  expected fourth-quarter profits on Tuesday and predicted more  growth for 2007, but a further delay in its key new  anti-obesity drug Acomplia hit the shares.
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Profits at the drugmaker increased 13 percent in the second quarter on higher sales of its arthritis drug and pneumonia vaccine.
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Merck & Co  on Monday said its  third-quarter profit rose sharply, helped by sales of its  vaccines and cholesterol drugs, and raised its 2007 profit  forecast in view of strong current trends.
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Defense contractor Northrop Grumman Corp.  said on Wednesday quarterly profit rose 31 percent, helped by higher government spending on its electronic systems and lower pension costs.
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Merck & Co. on Monday said  second-quarter earnings rose on higher sales of its new  vaccines and medicines, and the company raised its 2007 profit  forecast amid continuing strong demand for the medicines.