Boston Scientific reports slowdown in sales
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Boston Scientific Corp. said last night that sales of its two key products, stents and implantable defibrillators, were slowing down and were likely to drag its third-quarter profit well below Wall Street expectations.
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With sales of its top medical devices continuing to drop, Boston Scientific Corp. plans broad job cuts that could affect its Massachusetts employees, a spokesman said yesterday.
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Global semiconductor sales growth slowed to 1 percent in August as electronics makers reacted to growing inventories in Asia by limiting orders of chips, an industry trade group said on Thursday.
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Boston Scientific Corp. reported a third-quarter loss and tepid sales yesterday, two days after the ailing medical device maker announced plans to cut 2,300 jobs worldwide.
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Semiconductor biz feels the pinch as growth falls Chipmakers have fired off a warning that they expect to see the semiconductor industry slow with a predicted sales growth of less than two per cent this year.â¦
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Signaling a possible wider slowdown in the semiconductor industry, Royal Philips Electronics on Friday became the latest company to say that sales had begun to stall.
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Stocks fell on Thursday after a report   said factory activity slowed sharply in the U.S. Mid-Atlantic   region in September, triggering fresh worries about an economic   slowdown and prospects for corporate profits.
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Internal defibrillator maker's earnings growth rate is slowing down, but its future looks healthy.
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Drugstores reported unusually weak December sales on Thursday, weighed down by a slow flu season, lower-priced generic drugs and sluggish sales of seasonal items.
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Black & Decker Corp  and Stanley Works  on Monday gave dim forecasts for 2008 as a slowdown in the U.S. housing market has stifled demand for building equipment.
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Boston Scientific Corp. BSX.N on   Thursday issued preliminary sales and earnings results for the   third quarter below Wall Street expectations and its shares   fell nearly 4 percent in after-hours trading.
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Boston Scientific Corp.  posted a lower-than-expected quarterly profit on Friday as sales of its flagship drug-eluting heart stents fell by 32 percent.
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The semiconductor industry is showing the first signs of slowing growth, trimming purchases of raw materials and production equipment as demand slows, industry executives and analysts said on Tuesday.
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Boston Scientific Corp.  posted a lower-than-expected quarterly profit on Friday as sales of its flagship drug-eluting heart stent fell by 32 percent.
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TSMC, the world&#39;s largest contract chip maker, said Thursday its sales fell in September for the first time in 7 months and warned they could continue to drop as demand falters amid a broad industry slowdown.
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The company speaks of slow U.S. sales growth, but has its makeup really smeared?
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Sales were lower than expected, and the quality of earnings is in question.