Sanofi cuts profit forecast
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Sanofi-Aventis SA cut its 2006 earnings forecast Friday, warning that generic drug maker Apotex Corp. may have flooded the U.S. market with cheaper copies of the French company's blockbuster blood-thinning pill, Plavix.
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Fresh Del Monte Inc.  on Thursday cut its 2004 earnings forecast because of weak banana prices, high fuel costs and bad weather, among other factors.
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Shares dropped as the company forecast a decline in 2008 earnings due to generic competition and weaker sales for its diabetes pill.
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Texas Instruments Inc. cut third-quarter revenue expectations Wednesday but narrowed its profit forecast to the upper end of previous guidance.
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Merck &amp; Co. forecast higher profit next year as it cuts jobs and boosts revenue through sales of a new diabetes drug and cervical cancer vaccine.
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Global drugs giant Pfizer sees profits fall after a drop in worldwide sales of cholesterol drug Lipitor.
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Accredo Health Inc. ACDO.O, which  provides pharmacy and treatment services for patients with  chronic illnesses, on Monday slashed its profit forecast due to  lower reimbursements from government insurers, sending its  shares down almost 25 percent.
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Food and consumer goods giant Unilever has cut its annual profit growth forecast by more than a half, blaming wet weather for poor ice cream
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Accredo Health Inc. (ACDO.O), which provides pharmacy and treatment services for patients with chronic illnesses, on Monday slashed its profit forecast due to lower reimbursements from government insurers, sending its shares down almost 25 percent.
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Chiron Corp. CHIR.O on Tuesday  slashed its 2004 earnings forecast after announcing that it  will not record any sales of its flu vaccine for the 2004-2005  flu season, sending its shares down 18 percent.
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Japan's Sanyo Electric Co. Ltd. reported a swing to an annual operating profit after cost cuts more than offset sluggish digital camera sales, but it forecast an unexpected earnings decline for this year.
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Illinois Tool Works Inc.  cut its  quarterly profit outlook on Friday, becoming the latest  manufacturer to warn of the effects of a slowing U.S. economy.
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PepsiAmericas Inc. PAS.N on Monday   cut its earnings outlook for full-year 2006 due to   lower-than-expected net pricing and a higher cost of goods sold   in its U.S. business.
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Tyson Foods Inc  cut its 2007  earnings outlook on Wednesday primarily because of  higher-than-expected live cattle and hog costs and a decline in  beef revenue due to a disruption in South Korean beef trade.
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UnitedHealth Group Inc.  cut its 2007 revenue forecast on Monday after determining membership in its full-service Medicare plans for seniors will likely decline "modestly" this year.
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Slashed earnings estimate pulls down shares.
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Forest Laboratories Inc., which makes antidepressants like Celexa and Lexapro, lowered its profit outlook for 2005 as products from generic drug makers are expected to cut into its sales during the year.