2008-03-24 15:04:51
Medco Health shares lower after downgrade, Medicare, Medicaid bid decision
NEW YORK (Thomson Financial) - Shares of Medco Health Solutions Inc. fell
Monday after the company was downgraded to market perform from outperform at
Raymond James, which said a combination of competitive pressure and recent
regulatory actions create a more pronounced headwind for the stock.
2008-03-24 14:54:02
Materials sector climbs; Monsanto leads advancers following upgrade by UBS
NEW YORK (Thomson Financial) - The materials sector posted strong gains
Monday, led by Monsanto Co. after an UBS analyst upgraded the agricultural
products provider on higher earnings forecasts and less demanding valuation.
2008-03-24 13:22:48
DuPont expects investment in China to reach $1.2B in 2010
BOSTON (Thomson Financial) - DuPont Monday said it expects its investment in
China to reach $1.2 billion in 2010.
2008-03-24 13:06:32
Patterson completes financing deals
ST. PAUL, Minn. (AP) - Patterson Cos., which distributes dental, veterinary
and rehabilitation products, said Monday reached a new long-term financing deal
and completed an accelerated share repurchase agreement with JPMorgan Chase &
Co.
2008-03-24 12:59:05
Suntech signs 8-year supply agreement with DC Chemical, valued at $631 million
BOSTON (Thomson Financial) - Suntech Power Holdings Co. Ltd. Monday said it
signed an eight-year polysilicon supply agreement with DC Chemical Co. Ltd.,
valued at $631 million.
2008-03-24 12:20:44
Patterson repurchases 6.3 million shares; closes on debt financing
NEW YORK (Thomson Financial) - Patterson Companies Inc. Monday said it
repurchased 6.3 million common shares under an accelerated stock buyback program
from JPMorgan Chase.
2008-03-24 11:37:39
Monsanto upgraded to buy from neutral at UBS
BOSTON (Thomson Financial) - Monsanto Co. Monday was upgraded to buy from
neutral at UBS, which cited higher earnings forecasts and a less demanding
valuation.
2008-03-24 11:27:26
Hillenbrand's debt ratings cut to 'Baa3' on pending division spin-off - Moody's
MUMBAI (Thomson Financial) - Moody's Investors Service said it has lowered
the debt ratings of Hillenbrand Industries Inc to 'Baa3' from 'A3' based on the
pending spin-off of its Batesville casket division that is expected to occur on
Mar 31.
2008-03-24 11:11:17
Sunrise Senior Living files restated 2006 10-K, lowers net income by $173M
NEW YORK (Thomson Financial) - Sunrise Senior Living Inc. Monday said it
refiled its 2006 Form 10-K, which reduces the company's net income for all
affected periods, including 1996 through 2005, by an after-tax amount of $173
million.
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