Lilly sees slower profit growth in 2007
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Eli Lilly and Co.  said on Thursday it is on track to meet its 2006 growth forecast of 8 percent to 12 percent, but projected slower profit growth in 2007 though its revenues will grow at a faster pace next year.
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The world's top cellphone  maker Nokia on Tuesday cut its profit margin forecasts for the  next two years and joined market analysts in forecasting slower  growth for the global mobile phone market in 2007.
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Eli Lilly and Co.  on Tuesday  posted better-than-expected second-quarter earnings helped by  surging sales of its prescription drugs, including depression  treatment Cymbalta, and the company raised its 2007 profit  forecast.
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German premium carmaker BMW reported a smaller-than-expected 7.6 percent rise in third-quarter pretax profit Wednesday, but reaffirmed its forecast for record revenue, earnings and car sales in 2004.
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Eli Lilly and Co.  on Wednesday reported a fourth-quarter net loss on charges for restructuring and taxes related to the return of overseas profits as sales of prescription drugs rose only slightly.
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Harley-Davidson Inc  said on Friday that 2007 earnings would come in 4 percent to 6 percent lower than last year because of a sharp slowdown in August retail sales, and the motorcycle company's shares fell as much as 9 percent.
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Eli Lilly and Co.  on Tuesday posted better-than-expected second-quarter earnings helped by surging sales of its prescription drugs, including depression treatment Cymbalta, and the company raised its 2007 profit forecast.
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The U.S. economy should experience slower growth than originally anticipated for the remainder of the year and in 2007, the White House said Tuesday.
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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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Shares of Indianapolis-based drugmaker Eli Lilly and Co. , maker of antidepressant drug Prozac, nudged nearly 1 percent lower on Friday.
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Motorcycle manufacturer Harley-Davidson Inc  said on Friday that 2007 earnings would come in 4 percent to 6 percent lower than last year because of tough times for U.S. consumers, sending its shares down 7 percent.
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US drugs company Merck said its profits will fall next year as it continues to feel the pain of the withdrawal of its arthritis drug Vioxx from the market.
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Pharmaceutical giant GlaxoSmithKline said Thursday that net profits fell in 2007 due to disappointing sales of the diabetes drug Avandia and increased competition from generic drugs makers.
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Applebee's sees slowing growth for 2005.
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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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Eli Lilly and Co.  said on Wednesday its fourth-quarter earnings fell sharply, hurt by a $495 million charge to cover a settlement with former users of its Zyprexa schizophrenia drug.
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Wall Street profits from U.S.   operations may fall 23 percent next year as the economy slows,   corporate earnings growth moderates and fees decline, a new   study shows.