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Pfizer net down on lower sales, higher research, legal costs

2015-01-27 15:37:07| Biotech - Topix.net

Pfizer Inc.'s fourth-quarter profit fell by half as worsening generic competition and unfavorable currency rates reduced sales, and higher research spending and legal costs also hurt the bottom line. The world's second-biggest drugmaker by revenue reported lower sales for most of its huge portfolio of prescription medicines, with the biggest hit coming from new generic competition to popular painkiller Celebrex.

Tags: net research legal sales

 

Aer Lingus considers higher IAG bid

2015-01-26 08:28:26| BBC News | Business | UK Edition

Irish airline Aer Lingus says it is considering a revised offer of 2.55 a share from British Airways owner IAG.

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Diaper Wars: Kimberly To Take On P&G Through Innovation, Higher Ad Spend

2015-01-24 02:07:15| Paper - Topix.net

To compete better, Kimberly-Clark said on Friday it would cut prices and "improve" its Snug & Dry line starting this quarter, without giving details. Huggies is the core of Kimberly-Clark's baby care products business, which generates about $7 billion in annual sales.

Tags: higher spend wars innovation

 

Will strong corn exports push acres higher?

2015-01-23 23:56:00| Corn & Soybean Digest

On the supply side of the equation, most sources are talking about U.S. producers perhaps going back with more corn next year. The fall in soybean prices coupled with the new farm bill policy, corn has quickly become a more viable option. Grain Market Viewpoint read more

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US Stock Futures Mostly Higher Ahead Of McDonald's Earnings

2015-01-23 14:31:44| Industrial Machines - Topix.net

US stock futures traded mostly higher in early pre-market trade, ahead of earnings from McDonald's Corp. . The Markit PMI manufacturing index for January will be released at 9:45 a.m. ET, while existing home sales data for December and the Conference Board's index of leading indicators for December will be released at 10:00 a.m. ET.

Tags: stock higher ahead earnings

 

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