Wyeth Profit Falls on Restructuring Charge
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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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Appliance maker Whirlpool Corp. WHR.N  on Wednesday posted a 4 percent drop in third-quarter earnings  and cut its profit outlook for the full year, citing higher  costs for steel and oil.
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Whirlpool Corp.  on Wednesday  posted lower fourth-quarter net earnings after a loss from  discontinued operations tied to assets acquired when it bought  Maytag last year.
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Severn Trent Plc, the UK&#39;s second- largest publicly traded water company, said first-half profit fell 27 percent because of higher pension charges and the impact of exchange rates.
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Citing its acquisition of MedImmune and falling demand for its ulcer treatment,  the drugmaker said earnings fell to $1.27 billion in the fourth quarter.
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BP  reported a 45 percent fall in third-quarter replacement-cost profit to $3.867 billion due to lower oil and gas production, problems at its refining division and fewer asset sales which had flattered the year-earlier result.
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Whirlpool Corp. , the world's largest appliance maker, reported a 13 percent drop in quarterly earnings on Wednesday, hurt by soft demand in the United States, and cut its profit forecast for the year, sending its shares down 3 percent.
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Wyeth WYE.N on Wednesday reported a  third-quarter profit compared to a year ago, when it took a  large charge for liabilities from its recalled "fen-phen" diet  medicines.
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The drug maker said its fourth-quarter profit fell 70 percent from a year-ago period that included the sale of its consumer health business, but adjusted profit topped Wall Street expectations.
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Oil and gas producer Kerr-McGee Corp.  KMG.N on Wednesday reported a fall in quarterly profit,  citing a writedown related to a pigment plant and higher  environmental charges.
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Wyeth WYE.N on Monday reported a  fourth-quarter loss despite strong sales growth of its  prescription medicines, as it took another charge of $4.5  billion for costs related to its recalled fen-phen diet drugs.
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Merck & Co. MRK.N on Thursday said  its third-quarter profit fell, hurt by negative effects of the  recall last month of its Vioxx arthritis drug.
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Clothing maker Kellwood Co.  said on Friday that quarterly profit fell by 50 percent, hurt by restructuring charges.
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Appliance maker Whirlpool Corp. WHR.N  on Thursday reported a 22 percent drop in fourth-quarter profit  as steel and oil costs rose, sending its shares down more than  4 percent.
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Pepsi Bottling Group Inc  said on Tuesday that quarterly net profit fell, hurt by charges related to restructuring, the disposing of some vending machines and the absence of a year-ago gain.
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Loews Corp  said on Monday third-quarter profit fell 12.5 percent, as the cost of a legal settlement at its CNA Financial Corp  unit offset improved results in tobacco and drilling operations.
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Wachovia Corp , the fourth-largest U.S. bank, on Friday said third-quarter profit fell, hurt by write-downs related to difficult credit market conditions.