Zyprexa news | Breaking Zyprexa news | Zyprexa

Earnings Recap: Medical Products

...Worldwide, Analysts expected Lilly earnings of 78 cents per share on $3.9 billion in sales.

Lilly shares rose 5 cents to $57.22 on the New York Stock Exchange.

In the medical-devices sector, shares of syringe maker Becton Dickinson & Co.

surged to a new 52-week high after the company reported a 12 percent rise in first-quarter profit to $217.9 million, or 85 cents per share, from $195.4 million, or 75 cents per share, last year.

Revenue grew by 10 percent to $1.41 billion from $1.29 billion a year ago.

Analysts estimated first-quarter earnings of 76 cents on revenue of $1.38 billion.

Shares of Franklin Lakes, N.J.-based Becton rose $4, or 6.8 percent, to $63.11 on the NYSE at above average volume.

Shares earlier hit a new 52-week high of $63.36, surpassing a previous one of $62.38, and have risen from a 52-week low of $49.71 in October.

Baxter International Inc.

reported more than double its profit from the fourth quarter last year but missed Wall Street expectations for sales, and offered a weak outlook for the year, sending shares down.

The Deerfield, Ill.-based company reported net profit of $292 million, or 46 cents per share, from $106 million, or 17 cents per share, a year ago.

Excluding charges, the company reported earnings from continuing operations of $379 million, or 60 cents per share.

Revenue fell 4 percent to $2.49 billion from $2.6 billion a year ago, owing to a recall and seizure of so...

Read more...

1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | 91 | 92 | 93 | 94 | 95 | 96 | 97 | 98 | 99 | All news

Medicine   Health and Fitness