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Third-quarter revenues reported by Nutrisystem Inc. , the Horsham-based provider of weight-loss products and services. Revenues were down 22 percent and earnings fell 37 percent, from $13.5 million to $8.5 million, compared to the same period last year. Full Article at PhillyBurbs.com
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Nutrisystem Inc. has reported third-quarter net income of $8.45 million (27 cents a share) on revenues of $127 million, against net income of $13.5 million on revenues of $162.7 million (44 cents). Full Article at Philadelphia Inquirer
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TRENTON, N.J. (AP) - Drugmakers on Thursday mostly posted improved third-quarter profits by keeping costs down, as generic competition, the global recession and unfavorable currency exchange rates generally hurt sales. Full Article at KIVITV.com
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Merck posted better-than-expected profits, aided by a.) strong sales of its diabetes meds and HIV treatments; b.) a one-time $1.7 billion gain on the sale of its animal health business Merial; and c.) cost-cutting, particularly in... Full Article at FiercePharma
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Cubist beat analysts' estimates with a quarterly profit of $25.4 million, on a healthy 26 percent rise in U.S. sales. Overall revenues grew by 28 percent to $143.5 million. Full Article at FiercePharma
