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BUSINESS BRIEFS.(TO THE POINT)
MEDICAL
Sepracor soars on insomnia drug
The drug firm got conditional FDA approval for Estorra. The U.S. will give final clearance after Sepracor meets undisclosed conditions, but it will not require more drug testing, thus speeding final approval. Sepracor plans to roll out the fast-acting anti-insomnia drug by mid-'04. It will compete against Sanofi's Ambien and King's Sonata for the $1.5 bil market, which has seen 25% growth the past two years. Shares shot up 57% to 44.30.
AaiPharma discloses sales probe
The drugmaker plunged 36% to 9.77 after it disclosed "sales abnormalities" in '03 for its asthma drug Brethine and pain treatment Darvocet. The company said it has launched a full inquiry. It withdrew its Q1 and '04 forecasts and warned it may adjust previously reported '03 results.
** AaiPharma is selling its Aquasol nutritional products and multivitamin infusion product lines to Australia's Mayne Group for about $100 mil in cash.
Cytyc to buy pre-IPO Novacept
- Sallie Mae Q4 core earnings 63 cents vs. 66 cents expected.
- News wire article from: The America's Intelligence Wire January 19, 2006 700+ words
...fourth quarter "core" earnings of 63 cents a share Thursday, compared to year-ago core earnings of 39 cents a share. Analysts polled by Thomson First...expected SLM to report core earnings of 66 cents a share. Commonly known as Sallie Mae...
- WD Provides Improved Business Outlook for Current Quarter: EPS of 29 Cents to...
- Press release article from: PR Newswire March 30, 2005 700+ words
...performance in the quarter. WD expects to earn between 29 cents to 31 cents a share for the third fiscal quarter on revenues of...fiscal quarter outlook of earnings per share between 16 cents and 19 cents on revenue between $885 million and $915...
- UPDATE 2-Sallie Mae core earnings come in at 63 cents a share.
- News wire article from: The America's Intelligence Wire January 19, 2006 700+ words
...took a three-cent-a-share charge...earnings of 63 cents a share versus the 66 cents expected, on average...SLM earned 39 cents a share. SLM...lately off 6 cents to $57.19. Absent the three-cent charge, fourth...
- Dick's Sporting Goods beats by 2 cents per share.
- News wire article from: The America's Intelligence Wire August 21, 2003 700+ words
...company forecasted third-quarter EPS of 15-17 cents vs. 16 cents expected by Wall Street. The company reiterated its 2003 earnings target. Shares fell 58 cents to $40.50 on Wednesday.
- Pall quarterly profit slips to 35 cents a share.
- News wire article from: The America's Intelligence Wire June 1, 2005 700+ words
...from $46.5 million, or 37 cents, a year ago. Revenue for...share for the quarter were 37 cents, just short of the 38 cents expected by analysts polled by Thomson...announcement at $29.90, a 10-cent loss for the day.
- AFTER THE CLOSE.(TO THE POINT)
- Magazine article from: Investor's Business Daily October 27, 2004 700+ words
...ADOBE SYSTEMS raised its Q4 outlook to 40-43 cents vs. 40 cents expected, citing better sales of its graphics and documents...online retailer sees 20-23 cents in Q4 vs. 22 cents expected. Shares fell 13%. F5 NETWORKS earned 28 cents...
- UPDATE 18-Updates, advisories and surprises.
- News wire article from: The America's Intelligence Wire May 27, 2004 700+ words
...quarter rose 12 percent to $2.8 million, or 24 cents a share, the Pittsburgh-based software companysaid late Thursday. That compares with the 22 cents expected by analysts and 20 cents in the same period a year ago. Sales rose 18 percent...
- UPDATE 20-Updates, advisories and surprises.
- News wire article from: The America's Intelligence Wire May 27, 2004 700+ words
...quarter rose 12 percent to $2.8 million, or 24 cents a share, the Pittsburgh-based software companysaid late Thursday. That compares with the 22 cents expected by analysts and 20 cents in the same period a year ago. Sales rose 18 percent...
- UPDATE 19-Updates, advisories and surprises.
- News wire article from: The America's Intelligence Wire May 27, 2004 700+ words
...quarter rose 12 percent to $2.8 million, or 24 cents a share, the Pittsburgh-based software companysaid late Thursday. That compares with the 22 cents expected by analysts and 20 cents in the same period a year ago. Sales rose 18 percent...
- UPDATE 9-Updates, advisories and surprises.
- News wire article from: The America's Intelligence Wire May 16, 2003 700+ words
...fourth quarter. It's pegging fourth quarter net income at 7-17 cents per share including the restructuring charges vs. 39 cents expected by Wall Street. Shares rose 19 cents to $32.09 on Thursday. Pulitzer reaffirms fiscal 2003 guidance...