A.M. Vitals: Omnicare’s Candid Earnings Call

Published On: August 6th, 2010

Also: state regulators look like David to the health insurance industry’s Goliath; two steps forward in regenerative medicine; how Medicare Advantage cuts may play out.

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A.M. Vitals: Omnicare’s Candid Earnings Call

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Earnings Call Is a Requiem for Schering-Plough
Quarterly earnings reports are usually more dull than emotional. But things got a little bit touchy-feely on Schering-Plough’s conference call with analysts this morning. The report was likely Schering-Plough’s last, if rival Merck’s take-over of the drug maker closes by year’s end as expected ..
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Pfizer Rises: Pfizer said third-quarter profit rose to $3.74 billion, or 48 cents per share, from $866 million, or 11 cents per share, as it sold its Capsugel unit and benefited from currency fluctuations, the WSJ reports . Excluding the Capsugel gain and other items, earnings rose to 62 cents a share — more than..
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Earnings Season: UnitedHealth Group’s first-quarter profits rose 13% to $1.35 billion, or $1.22 a share, from $1.19 billion, or $1.03 a share, Dow Jones Newswires reports . Analysts had expected earnings of 89 cents per share, according to Thomson Reuters. ..

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