Synovis shares tumble as profit, revenue fall
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CHICAGO, Aug 18  - Shares of Synovis Life Technologies Inc.(SYNO.O: Quote, Profile, Research) tumbled 13 percent on Wednesday after the company reported a drop in quarterly net income and withdrew its annual and fourth-quarter outlook, citing ...
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The worse-than-expected results, combined with the companyâs forecast of a weak fourth quarter, sent the steelmakerâs shares down 6 percent.
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Merck &amp; Co. profits plunged in the third quarter in the wake of the recall of its Vioxx arthritis drug and Eli Lilly &amp; Co.
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UK blue chips closed lower as Wall Street remained weaker after disappointing inflation data with Alliance & Leicester down after reporting a fall in core operating profit, held back by large scale write-downs.
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U.S. Steel Corp  posted a 35 percent decline in third-quarter profit on Tuesday, worse than Wall Street had expected, and forecast weak fourth-quarter earnings, sending the steelmaker's shares down 6 percent.
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Shares of Possis Medical Inc. fell more than 28 percent before the market open Tuesday, on news that it had cut its revenue outlook due to the poor performance of its AngioJet blood clot device in clinical trials.
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Bristol-Myers Squibb Co. BMY.N on  Friday reported a lower third-quarter profit as revenue fell  amid intense competition for its products from rivals and  generic drugs.
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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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Shares of Synopsys Inc. SNPS.O, a  semiconductor design software maker, tumbled before the bell on  Thursday, a day after the company reported lower quarterly net  income and said results in the current quarter would be below  Wall Street estimates.
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Stocks fell on Thursday as an unexpected contraction in Midwest business activity raised concerns about the outlook for corporate profits.
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Creative Technologies Ltd., whose range of MP3 players competes with Apple&#39;s iPod and similar products from Sony Corp., said Thursday that its net profit plunged 84 percent in the fiscal first quarter on investment losses and higher costs.
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Fourth-quarter profit fell 8 percent on declining advertising sales at the companyâs newspapers and television stations.
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Business & money: Share price plunges after disappointing profits raising fears over America's economic slowdown
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Dow Jones & Co. Inc.  reported a 27 percent drop in quarterly profit on Thursday, hurt by lower ad sales at The Wall Street Journal and higher stock-based compensation expenses after its share price surged following News Corp.'s  bid for the company.
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Texas Instruments Inc.  posted a lower quarterly profit on weak demand for its calculators and other products, and gave a disappointing revenue forecast for the third quarter, sending shares down 3 percent on Monday.
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Medical device maker Medtronic Inc  on Tuesday said quarterly earnings fell on charges related to the acquisition of Kyphon.
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The wood products company said Thursday that its fourth-quarter profit fell sharply from a year ago, when it posted a big gain from the sale of forest land.