| Schering-Plough Fourth Quarter Earnings Call
This summary is based on the fourth quarter fiscal 2006 earnings call conducted by Schering-Plough Corp. (SGP: chart) on January 29, 2007. Key Investors Issues - Earnings per share were 12 cents compared to 7 cents in the year ago quarter. - Quarterly revenue grew 14% over the prior year to $2.7 billion. - Schering-Ploughs cholesterol joint venture with Merck reported revenue of $1.1 billion versus $755 million in prior year. Fourth Quarter Fiscal 2006 Financial Highlights For the quarter, the company reported net income available to common shareholders of $182 million or 12 cents per share on a GAAP basis. This included an unfavorable impact of 4 cents per share related to the actions during 2006 to streamline the company''s manufacturing operations and a charge of 1 cent per share related to the licensing of an over-the-counter (OTC) treatment for heartburn.
It's not a passing fad In YouTube era, more Super Bowl ads and ...
We know from past years that the ads for the Feb. 4 game aired by such perennials as Anheuser-Busch, Pepsi and General Motors will have splashy, spare-no-expense production values. But one ad you might see for Doritos, the tortilla chip of Frito-Lay North America, was made by amateurs for nothing. Well, not exactly nothing. In a contest to create a Super Bowl ad for Doritos, two guys from Cary, N.C., are among five finalists. They spent $12 plus tax at Kroger for four bags of the chips. Doritos are the centerpiece of their boy-meets-girl-who-loves-chips spot. The creators ate a fifth bag for lunch the day of the shoot. The winner of the Doritos contest will be revealed the day of Super Bowl XLI. The Doritos ad will be one of four Super Bowl spots this year that put consumers in the creative director's seat.
‘It’sa silent cancer’
Before she was diagnosed with ovarian cancer in November, Sister Marilyn Ellert had only two symptoms. First there was the abnormal bleeding, several years into menopause, which prompted her to make a doctor's appointment. Then in the week between scheduling and going to the appointment, she had a "golf ball" feeling in her abdomen when she turned over at night. The cause: Three tumors, including one on each ovary, or Stage III cancer. Ellert, 59, had surgery last fall to remove one tumor and is undergoing chemotherapy to shrink the remaining two. She'll have another surgery in a few months. "I think everything was done that could have been done," she says. But she did ask her doctor whether she might have missed something, an earlier symptom she could have dismissed.
Effexor sales boost Wyeth financials
NEWARK, N.J. Wyeth on Tuesday said its fourth-quarter profit rose 17 per cent, driven by sales of the antidepressant Effexor and the childhood infection vaccine Prevnar. Profit for the Madison-based drug maker grew to $855.4-million (U.S.), or 63 cents per share, from $731.7-million, or 54 cents per share, in the year-ago period. Results for the latest quarter included charges of 3 cents per share related to productivity initiatives. .
|
