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Amgen 4Q profit drops 16 pct. on higher spending

2013-01-24 01:49:05| Biotech - Topix.net

Drugmaker Amgen Inc. on Wednesday posted a 16 percent drop in fourth-quarter profit, as higher costs for production, marketing, research and other items offset higher sales for many of its biologic medicines.

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Norfolk Southern profit down 14 pct on weak coal

2013-01-23 07:41:02| Railroads - Topix.net

Weak coal demand is still weighing on Norfolk Southern Corp's profits, and executives at the railroad said Tuesday it's extremely difficult to predict when coal shipments will increase.

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UPDATE 2-Huawei sees firmer revenue growth, 2012 profit up 33 pct

2013-01-21 13:20:08| Telecom - Topix.net

Huawei Technologies Co Ltd , the world's No.2 telecom equipment maker, bounced back from a disappointing 2011 with a 33 percent rise in net profit for 2012, and forecast stronger revenue growth, buoyed by smartphone sales and cloud computing.

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UnitedHealth's 4Q profit slips 1 pct as costs rise

2013-01-17 14:17:30| Beverages - Topix.net

In this Tuesday, Oct. 16, 2012, photo, part of the UnitedHealth Group, Inc. campus is shown, in Minnetonka, Minn.

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Hong Kong shares close down 0.1 pct, China Taiping rises

2013-01-15 14:02:46| Logistics - Topix.net

Hong Kong shares ended slightly lower on Tuesday as the market took a breather have logged its highest showing in just over 1-1/2 years following rally in the China market, with property shares leading the slide ahead of the territory's policy address on Wednesday.

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