AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
New Drug Lifts Alcon's Profits.
Byline: Trebor Banstetter
Aug. 1--FORT WORTH, Texas--Fueled by strong sales of its new glaucoma drug, eye-care giant Alcon saw its profit leap 58 percent during the second quarter.
The earnings report was the second to be posted by the company, which had its initial public offering in March. Alcon executives said sales grew 9 percent to $809 million during the quarter, compared with $746 million last year.
Profit jumped to $163 million for the quarter, compared with $103 million last year. The profit, which was 53 cents per share, exceeded Wall Street's expectations of about 43 cents per share.
Alcon Chief Executive Tim Sear didn't dabble with modesty when announcing the results.
"Alcon had a truly outstanding second quarter," he told analysts in a conference call Wednesday.
Alcon, the world's largest eye-care company, develops and manufactures optical surgery equipment, prescription eye-care drugs and contact lens solutions. About 75 percent of the Fort Worth-based company's stock is owned by Nestle S.A. of Vevey, Switzerland.
- Fort Worth Star-Telegram, Texas, Retail and Marketing Column.
- Newspaper article from: Knight Ridder/Tribune Business News Fort Worth Star-Telegram, Texas July 14, 1998 700+ words
...offices in the Shamrock Building in downtown Fort Worth. -- Kierstan Gordon Visit the Fort Worth Star-Telegram on the World Wide Web at http...www.netarrant.net (c) 1998, Fort Worth Star-Telegram, Texas. Distributed by Knight...
- Fort Worth Star-Telegram, Texas, Ventures Column.
- Newspaper article from: Knight Ridder/Tribune Business News Fort Worth Star-Telegram, Texas November 3, 1998 700+ words
...which it says will strengthen its presence in Fort Worth. The bank is expected to open in February...inventory. The chain's other locations are in Fort Worth and Benbrook. Visit the Fort Worth Star-Telegram on the World Wide Web at http...
- Fort Worth Star-Telegram and The Dallas Morning News Form Regional Portal.
- Press release article from: PR Newswire June 22, 1999 700+ words
...June 22 /PRNewswire/ -- The Fort Worth Star-Telegram and The Dallas Morning...Wes Turner, publisher of The Fort Worth Star-Telegram, said: "This partnership...Henderson, Kentucky. About the Fort Worth Star-Telegram and Knight Ridder...
- Fort Worth Star-Telegram, Texas, Dr. Emilio Bombay Column.
- Newspaper article from: Knight Ridder/Tribune Business News February 22, 1998 700+ words
By Michael Gerst, Fort Worth Star-Telegram, Texas Knight Ridder...telegram.com; via snail-mail at Fort Worth Star-Telegram, Box 1870, Fort...editorial systems manager for the Fort Worth Star-Telegram. Visit the Star...
- Fort Worth Star-Telegram, Texas, Profiles in Enterprise Column.
- Newspaper article from: Knight Ridder/Tribune Business News Thibodeaux, Julie October 25, 1999 700+ words
...to his mountain, he says. Build a name and you can go anywhere. Julie Thibodeaux is a Fort Worth-based free-lance writer (c) 1999, Fort Worth Star-Telegram, Texas. Distributed by Knight Ridder/Tribune Business News.
- Fort Worth Star-Telegram, Texas, Business Book Review Column.
- Newspaper article from: Knight Ridder/Tribune Business News McUsic, Teresa October 8, 1998 700+ words
...and windfalls of a trend that is clearly permanent. Teresa McUsic reviews business books for the Fort Worth Star-Telegram. Visit the Fort Worth Star-Telegram on the World Wide Web at http://www.star-telegram.com, http://www.arlington...
- Fort Worth Star-Telegram, Texas, Jim Fuquay Column.
- Newspaper article from: Knight Ridder/Tribune Business News Fuquay, Jim November 15, 1999 700+ words
...Hargis, the company's founder. FORT WORTH FIRM LANDS CONTRACT TO RESOLVE...Western Fidelity Insurance Co. in Fort Worth when they started the firm. (c) 1999, Fort Worth Star-Telegram, Texas. Distributed...
- Larry Lutz to Outline Fort Worth Star-Telegram Format Changes During Greater...
- Press release article from: PR Newswire January 8, 2007 700+ words
FORT WORTH, Texas, Jan. 8 /PRNewswire...when the chapter hosts Larry Lutz, Fort Worth Star-Telegram managing editor/development...newsrooms: Arlington, Northeast Tarrant and Fort Worth. For the past 18 months or so, Lutz...