(Reuters) - BRUSSELS, April 26 - Belgian pharmaceutical group UCB is performing well and its results this year are so far in line with expectations, Chief Executive Roch Doliveux said on Thursday.
UCB previously said revenues and operating profit were expected to grow significantly in 2007 as a result of its acquisition of German peer Schwarz.
Read more at Reuters.com Market News
Thursday, April 26, 2007
UPDATE 1-3M posts stronger-than-expected profit, shares up
(Reuters) - The company also affirmed its full-year financial outlook.
Net income in the quarter rose to $1.37 billion, or $1.85 a share, from $899 million, or $1.17 a share, a year earlier.
Read more at Reuters.com Market News
Net income in the quarter rose to $1.37 billion, or $1.85 a share, from $899 million, or $1.17 a share, a year earlier.
Read more at Reuters.com Market News
Thermo Fisher Scientific profit jumps on merger
(Reuters) - Excluding several items, such as costs and tax effects of restructuring and certain acquisition-related costs, earnings were 59 cents per share. Analysts on average expected 53 cents, according to Reuters Estimates.
On a pro forma basis that assumes the companies were combined for all of 2006, adjusted operating income rose 34 percent and revenue increased 11.5 percent to $2.1 billion.
Read more at Reuters.com Mergers News
On a pro forma basis that assumes the companies were combined for all of 2006, adjusted operating income rose 34 percent and revenue increased 11.5 percent to $2.1 billion.
Read more at Reuters.com Mergers News
MBIA First-Quarter Profit Little Changed; Structured Finance Deals Soar
(Bloomberg) -- MBIA Inc., the world's biggest bond insurer, said its first-quarter profit was unchanged even as demand rose to insure bonds, particularly in the U.S. structured finance market.
Net income was $198.6 million, or $1.46 a share, compared with $199 million, or $1.46, a year earlier, the Armonk, New York-based company said in a statement today. The average analyst estimate from a Bloomberg survey was for $1.45 a share. Excluding investment income and refundings, earnings were $1.30 a share.
Read more at Bloomberg Bonds News
Net income was $198.6 million, or $1.46 a share, compared with $199 million, or $1.46, a year earlier, the Armonk, New York-based company said in a statement today. The average analyst estimate from a Bloomberg survey was for $1.45 a share. Excluding investment income and refundings, earnings were $1.30 a share.
Read more at Bloomberg Bonds News
UPDATE 1-Shiseido profit jumps on China sales, sees growth
(Reuters) - TOKYO, April 26 - Shiseido Co. Ltd. , Japan's biggest cosmetics maker, reported 29 percent profit growth for the past business year on Thursday on vibrant sales in China, and it forecast double-digit growth this year.
Sluggish sales at home have forced Japanese cosmetics makers to seek growth abroad, particularly in China where Shiseido is investing heavily to expand and rival Kao Corp. , which bought Kanebo Cosmetics last year, is also planning a big push.
Read more at Reuters.com Market News
Sluggish sales at home have forced Japanese cosmetics makers to seek growth abroad, particularly in China where Shiseido is investing heavily to expand and rival Kao Corp. , which bought Kanebo Cosmetics last year, is also planning a big push.
Read more at Reuters.com Market News
Thailand's Bonds Advance on Speculation of Interest Rate Cuts; Baht Rises
(Bloomberg) -- Thailand's government bonds rose on speculation the central bank will cut rates for a fourth time this year at its meeting next month as the economy slows. The baht traded at more than a nine-year high.
Ten-year yields are near the lowest in more than three years after the central bank on April 24 cut its growth forecast for this year. The Bank of Thailand may lower its benchmark interest rate by as much as 50 basis points to 3.5 percent in May, said Thanomsri Fongarunrung, an economist at Phatra Securities in Bangkok.
Read more at Bloomberg Bonds News
Ten-year yields are near the lowest in more than three years after the central bank on April 24 cut its growth forecast for this year. The Bank of Thailand may lower its benchmark interest rate by as much as 50 basis points to 3.5 percent in May, said Thanomsri Fongarunrung, an economist at Phatra Securities in Bangkok.
Read more at Bloomberg Bonds News
Microsoft Profit Forecast May Trail Estimates on Windows Sales, Xbox Costs
(Bloomberg) -- Microsoft Corp., the world's biggest software company, today may give a profit forecast for the coming fiscal year that misses analysts' estimates because of lower- than-expected Windows sales and higher Xbox costs.
``The best-case scenario is that Microsoft will be in line with estimates and there's a risk that they'll be low,'' said Brendan Barnicle, an analyst at Pacific Crest Securities in Portland, Oregon.
Read more at Bloomberg Stocks News
``The best-case scenario is that Microsoft will be in line with estimates and there's a risk that they'll be low,'' said Brendan Barnicle, an analyst at Pacific Crest Securities in Portland, Oregon.
Read more at Bloomberg Stocks News
Subscribe to:
Posts (Atom)
