Genentech, Biogen Say Rituxan Fails in Lupus Study
CHICAGO (Reuters) - Genentech Inc <DNA.N> and Biogen Idec Inc <BIIB.O> said on Tuesday a key study of Rituxan did not meet its main goal of a response in patients
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Archive April/2008
U.S. Steel’s First-quarter Profit Slips
NEW YORK (Reuters) - U.S. Steel Corp <X.N> said on Tuesday that first-quarter profit dropped as income fell in two of the company's three segments -- European and tubular steel
McGraw-Hill Profit Falls 44 Percent
NEW YORK (Reuters) - McGraw-Hill Cos Inc <MHP.N> said on Tuesday quarterly earnings fell 44 percent as business dropped at its Standard & Poor's ratings agency, which critics accuse of
Valero Profit Falls Sharply
NEW YORK (Reuters) - Valero Energy Corp <VLO.N>, the largest U.S. oil refiner, posted sharply lower quarterly earnings on Tuesday due to weak profits from gasoline production and unplanned outages
CBS Corp Reports Higher Earnings
NEW YORK (Reuters) - CBS Corp <CBS.N> reported a greater-than-expected rise in earnings on Tuesday, helped by healthier results from its television business, and boosted its dividend by 8 percent.
Wal-Mart to Cash Tax Rebate Checks For Free
NEW YORK (Reuters) - Wal-Mart Stores Inc <WMT.N> on Tuesday unveiled its plans to entice U.S. shoppers to spend their tax rebates in its discount stores, offering to cash the
Shell, BP Profits Jump on Record Oil Price
LONDON (Reuters) - Oil giants Royal Dutch Shell <RDSa.L> and BP <BP.L> beat forecasts to post big rises in first quarter profits on Tuesday, lifting shares across the sector, as
ICBC Says Q1 Net Profit Jumps 77 Percent
HONG KONG (Reuters) - Industrial and Commercial Bank of China <1398.HK><601398.SS>, the world's biggest bank by market value, posted a 77 percent jump in first-quarter profit on Tuesday and booked
BP Q1 Profit Beats Forecasts on Record Oil, Trading
LONDON (Reuters) - British oil major BP Plc <BP.L> beat forecasts on Tuesday with a 48 percent leap in first-quarter profits to $6.6 billion, helped by record oil prices and
Shell Q1 Profits Beat Forecasts on Record Oil
LONDON (Reuters) - Royal Dutch Shell Plc <RDSa.L> beat all forecasts on Tuesday with a 12 percent rise in first-quarter current cost of supply (CCS) net income, helped by record