Amgen Net Down, Adjusted Earnings Rise
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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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Online brokerage firm Ameritrade  Holding Corp. AMTD.O on Tuesday said its quarterly profit  rose, helped by an increase in customer stock trading, and it  raised its full-year outlook.
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3M Co. MMM.N and American Standard  Cos. Inc. ASD.N cast a shadow of disappointment on Monday as  the busiest week yet of the corporate earnings period got under  way, and analysts cautioned not to expect the profit picture to  brighten soon.
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General Mills Inc.  on Wednesday reported a rise in quarterly earnings that matched a better-than-expected view the company gave earlier this month, helped by a move to reduce the size of cereal boxes and charge consumers more per ounce.
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Design software maker Adobe   Systems Inc. ADBE.O on Thursday posted a lower quarterly   profit as expenses rose, but results topped average Wall Street   forecasts and shares rose 8 percent.
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American Airlines holding company AMR Corp. (AMR: Research, Estimates) on Wednesday said the airline&#39;s August revenue was weaker than expected after hurricanes and high fuel prices
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AmerisourceBergen Corp. ABC.N on  Wednesday lowered its fiscal-year earnings forecast because of  lower-than-expected drug price increases, fewer product deals  from drug companies and fewer alternative sources of supply in  the December quarter.
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ABN Amro Holdings, the Dutch bank, posted a 4.6 percent increase in fourth-quarter earnings on higher interest income, asset disposals and higher fees and commissions. Net profit was 1.36 billion euros ($1.76 billion), up from 1.30 billion euros a year earlier. ABN predicted earnings per share in 2007 of at least 2.30 euros ($2.98), apart from any asset sales, which would be a step back from the 2.50 euros ($3.24) it earned in 2006, but above the 2.02 euros per share it earned in 2006 excluding certain items. The 2007 growth is âto be achieved mainly by improving our operating performance,â the chairman, Rijkman W. J. Groenink, said in a statement. He said the company expected to grow in Asia, Brazil and Italy. Operational improvement in mature markets like the Netherlands and in the United States, where ABN Amro operates LaSalle Bank in the Midwest, would come from cost-cutting.
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Biotechnology company Genentech Inc  said on Monday its fourth-quarter profit rose 6.4 percent, but sales of its blockbuster cancer drug and others fell short of investor expectations, sending the company's shares lower.
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Amgen Inc  reported sharply lower third-quarter profit on Wednesday on falling sales from its important anemia drugs, amid new insurance coverage restrictions and safety concerns, and on restructuring charges.
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DuPont Co. , the No. 2 U.S. chemical maker, on Tuesday posted a lower quarterly profit after a large tax gain a year earlier and forecast earnings growth in 2005.
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Allergan Inc. AGN.N on Monday posted  a quarterly profit on growing sales of eye medicines and its  Botox anti-wrinkle product, but warned that 2005 earnings will  fall short of Wall Street expectations.
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Biotech giant Amgen Inc. reported Thursday that its fourth-quarter profits rose, topping analysts' estimates, despite government warnings about the safety of its popular anemia drugs.
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3M Co.  on Monday said third-quarter earnings rose 17 percent due in part to the weak dollar, but the diversified manufacturer's results came in below Wall Street's estimates for the first time in at least seven quarters.
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Amgen Inc  reported sharply  lower third-quarter profit on Wednesday on falling sales from  its important anemia drugs, amid new insurance coverage  restrictions and safety concerns, and on restructuring charges.
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Pharmaceutical distribution services provider AmerisourceBergen Corp. said on Wednesday lowered guidance for 2005 earnings from continuing operations, citing lower-than-expected drug price increases and fewer product deals from manufacturers.
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American Express AXP.N on Monday  said quarterly earnings rose 14 percent, matching analysts'  expectations, as cardholder spending and borrowing increased  while loan losses fell.