BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[GlaxoSmithKline Benefits from the Flu During the Fourth Quarter]]>http://www.bloggingstocks.com/2010/02/04/glaxosmithkline-benefits-from-the-flu-during-the-fourth-quarter/http://www.bloggingstocks.com/2010/02/04/glaxosmithkline-benefits-from-the-flu-during-the-fourth-quarter/http://www.bloggingstocks.com/2010/02/04/glaxosmithkline-benefits-from-the-flu-during-the-fourth-quarter/#commentsFiled under:

GlaxoSmithKline (GSK) announced Thursday that fourth-quarter earnings rocketed 66% thanks to sales of its swine flu vaccine. GSK earned 1.63 billion pounds in the quarter ($2.6 billion) compared to 982 million pounds a year earlier. Excluding restructuring charges, GSK saw profit increase to 1.8 billion pounds, which was slightly above analyst estimates. The company's vaccine sales increased 78% to 1.5 billion pounds, in part due to swine flu vaccine sales. Full-year profits checked in at 5.5 billion pounds, or $8.7 billion.

All wasn't well with the quarter for GSK. The pharmaceutical firm saw generic competition take a 4% chunk out of its U.S. sales. In addition, GSK announced plans to trim its research and development program, but did not specify how many jobs it would cut.

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GlaxoSmithKline Benefits from the Flu During the Fourth Quarter originally appeared on BloggingStocks on Thu, 04 Feb 2010 10:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>earningsfeaturedgeneric drugsgeneric medicineGenericDrugsGlaxoSmithKlineGSKinthenewsjob cutsThu, 04 Feb 2010 10:20:00 EST<![CDATA[Roche sees solid first-half profits]]>http://www.bloggingstocks.com/2009/07/23/roche-sees-solid-first-half-profits/http://www.bloggingstocks.com/2009/07/23/roche-sees-solid-first-half-profits/http://www.bloggingstocks.com/2009/07/23/roche-sees-solid-first-half-profits/#commentsFiled under:

Bright and early this morning, Roche Group (OTC: RHHB) announced first-half earnings and upped its annual earnings goal, thanks to impressive sales of Tamiflu. Roche's first-half profit (it only reports earnings twice) dropped 29% to $3.8 billion as the company was hit by costs related to its purchase of Genentech. That said, Roche upped its earnings guidance and forecast double-digit core earnings growth in both 2009 and 2010 -- the earlier forecast called for earnings to stay at 2008 levels.

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Roche sees solid first-half profits originally appeared on BloggingStocks on Thu, 23 Jul 2009 08:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>featuredgenentechgeneric drugsgeneric medicinepharmaceuticalsRocheswine flutamifluThu, 23 Jul 2009 08:00:00 EST<![CDATA[The dumbing down of the global economy]]>http://www.bloggingstocks.com/2008/06/02/the-dumbing-down-of-the-global-economy/http://www.bloggingstocks.com/2008/06/02/the-dumbing-down-of-the-global-economy/http://www.bloggingstocks.com/2008/06/02/the-dumbing-down-of-the-global-economy/#commentsFiled under:

A graph from the May 2008 issue of Harvard Business Review tells a story about the dumbing down of the global economy.

From an article, Rebuilding the R&D Engine in Big Pharma [subscription required] the graph shows the total shareholder returns for various industries in two time periods: from 1985 to 2000 and from 2001 to 2007. Here are three of the leading sectors from 1985 to 2000 (average annual shareholder returns are in parentheses):

  • Pharmaceuticals (20.0%)
  • Financials (18.8%)
  • IT (17.4%)

Between 2001 and 2007, three of the leading sectors were:

  • Energy (15.2%)
  • Materials (14.3%)
  • Financials (7.0%)

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The dumbing down of the global economy originally appeared on BloggingStocks on Mon, 02 Jun 2008 17:34:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>biotechnologybiotechnology stocksBiotechnologyStocksgenericgeneric drugsgeneric medicineGenericDrugsgenericmedicineinformation technologyInformationTechnologymanufacturingmaterialsoilpharmaceuticalpharmaceutical stockspharmaceuticalsPharmaceuticalStocksRDMon, 02 Jun 2008 17:34:00 EST