Content about Financial News

April 28, 2008
Alberto Culver reports solid 2Q results

Alberto-Culver, whose brands include TRESemme, Alberto V05, Nexxus and St. Ives, reported solid second quarter...

April 28, 2008
Duane Reade announces total sales increase for Q1

Duane Reade announced on Tuesday that it narrowed its first quarter net loss as total...

April 28, 2008
Following Del acquisition, Coty lays out unification plan

With the acquisition of Del Laboratories complete, Coty Inc. is now working to bring together...

April 28, 2008
Merck shares fall following FDA rejection of cholesterol drug

The Food and Drug Administration yesterday sent a not approvable letter to Merck for its...

April 24, 2008
Ahold chief executive officer touts success in U.S.

Ahold chief executive officer John Rishton spoke about his company’s efforts in the United States...

April 24, 2008
AmerisourceBergen posts modest 2Q profit

AmerisourceBergen reported that its second-quarter profit was up 3 percent on higher drug sales, according...

April 24, 2008
Pfizer chairman promises improved share price

Yesterday at Pfizer’s annual shareholder meeting, chairman and chief executive officer Jeffrey Kindler detailed his...

April 23, 2008
BMS plans IPO for Mead Johnson Nutritionals

Bristol-Myers Squibb plans to file a registration statement by year-end to sell between 10 percent...

April 23, 2008
GSK posts Q1 profit loss, points to decline in Avandia sales

GlaxoSmithKline released its first quarter report recently and profits fell 13 percent from $4.2 to...

April 23, 2008
Safeway net income up in Q1

Safeway reported net income of $193.4 million, or 44 cents per diluted share, for the...

April 22, 2008
Biogen Idec posts impressive year-on-year Q1 results

Biogen Idec recently released the results of its first-quarter 2008, according to published reports....

April 22, 2008
Schering-Plough posts quarterly loss from purchase of Organon

Schering-Plough today released its first-quarter results for 2008, according to published reports. The drugmaker reported...

April 22, 2008
Weis announces $80 million capital investment budget

Weis Markets on Wednesday announced an $80 million capital investment budget, representing a 23 percent...

April 21, 2008
Mother’s Day spending expected to equal 2007

Consumers plan to spend about as much on Mother’s Day shopping this year as they...

April 17, 2008
American Greetings reports fiscal 2008 profit

American Greetings generated $83.3 million in earnings for fiscal 2008, including $15.6 million in the...

April 17, 2008
Genentech extends stock repurchase program

Genentech’s board of directors has authorized the extension of its current stock repurchase program until...

April 16, 2008
J&J posts record sales for Q1

Johnson & Johnson released its first quarter 2008 sales results and it showed that the...

April 16, 2008
Supervalu reports record 4Q sales growth

Supervalu reported net sales of $10.4 billion for its fourth quarter of fiscal 2008, compared...

April 15, 2008
Abbott posts double-digit sales and earnings growth in Q1

Abbott this week announced financial results for the first quarter ended March 31, 2008, seeing...

April 15, 2008
Coca-Cola profit leaps 19 percent in first quarter

The Coca-Cola Co. said that profits rose 19 percent on a 21 percent increase in...

April 15, 2008
Honest Tea says Coca-Cola can help boost its expansion, message

Honest Tea announced that it is following the leadership of Coca-Cola to boost business, and...

April 15, 2008
L’Oreal Group posts Q1 gain, but finds difficulties in North America

The L’Oreal group posted a sales increase of 2.1 percent for the first quarter, but...

April 13, 2008
Cargill turns over third-quarter earnings in fiscal 2008

Cargill, international food production and supply company, reported net earnings of $1.03 billion in the...

April 13, 2008
Genentech announces 12 percent year-on-year profit increase

Genentech has released its first-quarter 2008 earnings and for the quarter, the company’s profits rose...

April 13, 2008
Revlon announces narrowed quarterly loss

Beauty company Revlon narrowed its first-quarter loss and announced plans for a reverse stock split....