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Pfizer 3Q profit falls 14 pct on generic Lipitor

Submitted by Fox First at Ten on November 1st

By LINDA A. JOHNSONAP Business Writer TRENTON, N.J. (AP) - Drug giant Pfizer Inc. said Thursday that its third-quarter profit fell 14 percent as sales plunged, mainly due to increased U.S. generic competition to cholesterol fighter Lipitor, long the world's top-selling drug. Still, the

Glencore production solid despite falling prices

Submitted by Fox First at Ten on November 1st

By JOHN HEILPRINAssociated Press GENEVA (AP) - Glencore International PLC, one of the biggest traders in raw materials like metals and coal, saw its production levels rise in the third quarter despite a drop in the price of many commodities. The Swiss-based commodities giant - whose production

BMC 2Q earns beat Street; OKs $1B share buyback

Submitted by Fox First at Ten on November 1st

HOUSTON (AP) - BMC Software said Wednesday that its second-quarter net income fell from a year ago as revenue slipped and marketing expenses rose. The earnings still beat analyst expectations and the company approved the buyback of 15 percent of its outstanding shares in the next 12 months. Its

Storm spins death and 'a lot of tears' along path

Submitted by Fox First at Ten on October 31st

By CHRISTOPHER SULLIVANAssociated Press Death blew in on the superstorm's wild winds and sea water torrents, claiming 90-year-olds and children with capriciously toppling trees, taking tall-ship adventurers in mountainous Atlantic waves and average folks just trying to deal with a freakish

Visa beats predictions, helped by emerging markets

Submitted by Fox First at Ten on October 31st

By CHRISTINA REXRODEAP Business Writer NEW YORK (AP) - Visa beat Wall Street's expectations for the latest quarter as it sought out business overseas. The payments processing company made $1.7 billion for the fiscal fourth quarter, which covered July through September, or $2.47 per share.

Correction: Meningitis Outbreak story

Submitted by Fox First at Ten on October 31st

BOSTON (AP) - In a story and in a separate list Oct. 31 about a nationwide fungal meningitis outbreak, The Associated Press, relying on information from the Centers for Disease Control and Prevention, erroneously reported that 29 people have died. The correct death toll is 28. A corrected version

Coast Guard searches on for tall ship's captain

Submitted by Fox First at Ten on October 30th

By EMERY P. DALESIO and TAMARA LUSHAssociated Press ST. PETERSBURG, Fla. (AP) - Robin Walbridge had been in a lot of dicey situations as the captain of the HMS Bounty, an 18th-century replica tall ship that was the set of countless movie dramas. But none of his journeys was as treacherous,

Wife of tall ship captain awaits word on his fate

Submitted by Fox First at Ten on October 30th

By EMERY P. DALESIO and TAMARA LUSHAssociated Press ST. PETERSBURG, Fla. (AP) - The Coast Guard used ships and airplanes to search the Atlantic on Tuesday for the captain of the sunken HMS Bounty as the sailor's wife held on to a sliver of hope that he had survived the harrowing ordeal. The

BP raises dividend as Q3 profit swells 5 percent

Submitted by Fox First at Ten on October 30th

By ROBERT BARRAssociated Press LONDON (AP) - Oil company BP is rewarding long-suffering shareholders with a substantial dividend increase just days after it sold a stake in a Russian joint venture for billions of dollars. BP also revealed Tuesday that it made a net profit of $5.5 billion in the

Mood of the Nation: Business owner spending less

Submitted by Fox First at Ten on October 30th

By MATT SEDENSKYAssociated Press Writer MIAMI (AP) - On the eve of the 2012 elections, The Associated Press interviewed dozens of Americans to try to gauge the economic mood of the nation. People were asked about jobs, housing, gas prices, retirement and other issues. Among them was Hilda