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AFTER THE CLOSE.(TO THE POINT)
SCHNITZER STEEL earned 89 cents a share in Q2, just over double its year-ago profit. Revenue at the scrap steel exporter climbed 30% to $162 mil on strong Asia and domestic demand. Shares jumped.
REGENERON said Novartis agreed to pay $43 mil to help fund its development of rheumatoid arthritis treatment Interleukin-1 and had forgiven its loans. Regeneron rose.
XM SATELLITE disclosed it added 320,000 net new subscribers in Q1, bringing total subscribers of its satellite ...
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