Earnings roundup: DuPont, Biogen Idec
By
Associated Press
July 22, 2008
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Among the earnings stories for Tuesday, July 22, from AP Financial News:
Top stories:
Chemicals maker DuPont Co. said Tuesday agriculture sales and emerging markets helped fuel a rise in second-quarter profit, which was also boosted in part by a lawsuit settlement and a lower tax rate.
Other stories:
CAMBRIDGE, Mass. (AP) _ A surge in multiple-sclerosis drug sales drove an 11 percent boost in Biogen Idec Inc.'s second-quarter profit, prompting the biotechnology company to boost its full-year outlook and aim for record revenue of $4 billion.
ST. LOUIS (AP) _ Centene Corp. on Tuesday reported higher-than-expected second-quarter earnings, citing increased patient enrollment in its managed care plans.
HOUSTON (AP) _ BJ Services Co., an oilfield services company, said Tuesday its fiscal third-quarter profit fell 16 percent as lower prices at its U.S. pressure pumping operations cut into margins.
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