Amgen 3Q Profit Falls on Acquisition
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Amgen Inc., the country&#39;s largest biotechnology company, said Wednesday that third-quarter profit fell sharply because of charges related to the acquisition of Tularik Inc.
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U.S. investment bank Morgan Stanley  MWD.N on Wednesday said quarterly profit dropped by a third  on lower bond trading revenue and higher expenses, falling  short of Wall Street's low expectations and pushing its shares  down as much as 8 percent.
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Aon Corp. said Thursday its third-quarter earnings fell because of &quot;softening market conditions&quot; that, along with the halt of contingent commissions, led it withdraw its guidance for the full year.
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U.S. investment bank Morgan Stanley  MWD.N on Wednesday said quarterly profit dropped by a third  on lower bond trading revenue, weak equities results and higher  expenses, falling short of Wall Street's low expectations and  pushing its shares down as much as 8 percent.
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Amgen Inc. AMGN.O, the world's  biggest biotechnology company, on Wednesday reported a lower  third-quarter net profit as a result of expenses related to the  acquisition of Tularik Inc.
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Advanced Micro Devices Inc. (AMD.N: Quote, Profile, Research) on Thursday reported a third-quarter profit compared with a loss a year-earlier, but sales fell from the second quarter
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As price competition takes its toll, AMD Thursday posted its third consecutive quarterly loss, saying that although revenue was relatively solid, it suffered a sharp second-quarter drop in income.
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Raytheon reported slightly lower third-quarter profit yesterday, hurt by losses from a unit it is selling, and forecast next yearâs profit would fall below Wall Streetâs average estimate.
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Drug company MedImmune Inc. said Thursday that fourth quarter earnings fell by a third as higher sales of a childhood respiratory drug were dampened by swelling research and development expenses.
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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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Internet brokerage Ameritrade Holding  Corp. AMTD.O said Tuesday its quarterly profit rose from a  year earlier, though trading revenue fell as investors curbed  trading activity in recent weeks.
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Third-quarter profit fell 1 percent, as stronger sales of almost all of the companyâs key drugs could not offset  higher production costs and taxes and a restructuring charge.
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Merck & Co. MRK.N on Thursday said  its third-quarter profit fell, hurt by big charges for the  recall of the company's Vioxx arthritis drug in late September  after it was linked to heart attacks and strokes.
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3M Co  said on Tuesday fourth-quarter earnings fell as last year's results included a gain for selling a business.
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The investment bank said 3rd-quarter profit fell to $1.54 billion, hurt by a global credit crisis that cut into stock trading, corporate lending, and results from investments.
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JPMorgan Chase & Co  said on  Wednesday quarterly profit fell a worse-than-expected 24  percent as the No. 3 U.S. bank lost $1.3 billion on risky  mortgages and set aside more money for rising losses on  home-equity loans.
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Schering-Plough Corp  on Monday  reported third-quarter profit and sales that fell short of Wall  Street's target, sending shares down more than 10 percent amid  concerns about its flagship cholesterol drugs.