Zyprexa

Worldwide, First Federal parent rebounds from loss FFW Corp.

on Thursday posted quarterly earnings of $666,000, or 53 cents per diluted share, compared with a loss of $1.2 million, or 94 cents per share, suffered for the same three months of 2004.

The quarter ended Dec. 31 is the company’s second fiscal quarter.

The Wabash-based parent of First Federal Savings Bank of Wabash posted the 2004 numbers after accounting for a loss of $1.8 million on the value of Fannie Mae and Freddie Mac preferred stock in the company’s portfolio.

FFW’s total assets as of Dec. 31 were $267.6 million, a 4 percent increase over the $257.2 million in assets the company reported as of June 30.

In addition to its main office in Wabash, the bank operates branches in Columbia City, North Manchester, South Whitley and Syracuse.

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"There's betting on a pipeline that hasn't panned out in the past."In each of the last four years, analysts earnings projections fell through the 12 months, according to Zacks, reflecting negative developments or sentiment."The company is not without controversy," said Schott.

Yet, he is willing to trust Lilly because he likes the management and the strategy.Born in Morocco and fluent in four languages, Taurel is a favorite among analysts for his direct but personable style.Taurel acknowledged some products' performance has been disappointing, most notably Xigris, an expensive biotech drug against sepsis which is only effective in a limited population."We had so many new products in a short time that maybe we didn't do the best job with each," Taurel concedes.More sales people are now touting Cymbalta and Lilly launched...