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Earnings roundup: DuPont, Biogen Idec



By AP
22 July 2008 @ 10:31 am EST

Among the earnings stories for Tuesday, July 22, from AP Financial News:

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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.

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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.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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