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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
Monsanto Earnings Drop On Lower Corn Seed Sales, Agricultural Headwinds
2015-01-07 16:38:15| Chemicals - Topix.net
Seed manufacturer Monsanto reported a sharp decline in first quarter earnings Wednesday, pointing to lower corn seed sales in South America and current headwinds in agriculture. Net profit was down 34% to $243 million, or 50 cents per share, compared to $368 million, or 69 cents per share, a year ago.
Tags: sales
lower
drop
agricultural
Mid-Morning Market Update: Markets Open Lower; General Motors U.S. Sales Surge 19%
2015-01-05 17:30:30| Telecom - Topix.net
Following the market opening Monday, the Dow traded down 1.03 percent to 17,648.68 while the NASDAQ slipped 0.82 percent to 4,688.28. The S&P also fell, dropping 1.11 percent to 2,035.30.
Tags: general
open
sales
market
Mid-Morning Market Update: Markets Open Lower; General Motors U.S. Sales Surge 19%
2015-01-05 17:25:30| Grocery - Topix.net
Following the market opening Monday, the Dow traded down 1.03 percent to 17,648.68 while the NASDAQ slipped 0.82 percent to 4,688.28. The S&P also fell, dropping 1.11 percent to 2,035.30.
Tags: general
open
sales
market
Lower fuel cost excise duty relief propel car sales in Nov
2014-12-09 14:36:49| Auto Dealers - Topix.net
After declining for two months in a row, car sales in India rose by 9.5 per cent in November, propelled by lower fuel prices and continued relief in excise duty. Domestic car sales in November stood at 1,56,445 units, up 9.52 per cent, as compared to 1,42,849 units in the same month of 2013, according to the data released by Society of Indian Automobile Manufacturers .
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