Schering-Plough (SGP)

Drugmaker Schering-Plough Corp. on Thursday ported lower revenue and a smaller profit in the third quarter, partly due to slightly higher spending on taxes and research. The Kenilworth, N.J.-based company said it had net income of $477 million, down 17 percent from $576 million in last year's third quarter. It posted earnings per share of 29 cents, or 40 cents, excluding one-time items, down from 35 cents a year earlier.

Oct 22 · 10:41:00 AM · Source: Company Press Release
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by Larry Etter