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Gilead Sciences tops 3Q earnings and revenue expectations

2015-10-28 12:51:57| Biotech - Topix.net

Propelled by skyrocketing sales of its breakthrough hepatitis C pills, Gilead Sciences Inc. posted an impressive 68 per cent increase in third-quarter profit and hiked its revenue forecast yet again. The Forest City, California, company has what amounts to a license to print money in its Harvoni, the first once-daily, single-pill regimen for hepatitis C, and predecessor drug Sovaldi, both launched in the last two years.

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Waste Connections to Buy Waste, Recycling Firm with $75 Million in Revenue

2015-10-28 09:06:00| Waste Age

Waste Connections Inc. said it has agreed to buy a waste and recycling firm that it didnt identify but has annual revenue of about $75 million. read more

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Merck beats 3Q net income expectations, misses revenue forecasts

2015-10-28 05:29:52| Biotech - Topix.net

The drugmaker Merck & Co. on Tuesday said its third-quarter profit more than doubled, as heavy cost-cutting from its ongoing restructuring more than offset lower sales and the impact of unfavourable currency exchange rates.

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3M Misses Revenue Estimate and Announces Layoffs

2015-10-27 16:53:46| Chemicals - Topix.net

In the third quarter, 3M missed analysts' estimate by $140 million and announced a restructuring that would lay off 1,500 workers Industrial stock, 3M recently reported its earnings results for the third quarter of 2015. For the quarter the firm missed analysts' average revenue estimate by $140 million while also reporting a restructuring that would cut 1,500 jobs.

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UPS Reports Surprise Revenue Dip

2015-10-27 13:53:56| Trucking - Topix.net

United Parcel Service Inc. on Tuesday reported a surprise drop in revenue, though growth in its international division helped drive profit higher. Shares of UPS, up 3.8% over the past year, fell 2.1% to $103.95 in premarket trading.

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