Highlights
A collection of news and information related to Bristol Myers Squibb Company published by Tribune Company sources.
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MBI: 'Promising' new option for mammograms
A radioactive tracer that "lights up" cancer hiding inside dense breasts showed promise in its first big test against mammograms, revealing more tumors and giving fewer false alarms, doctors reported Wednesday. The experimental method -- molecular breast...Tags: Diseases, Medical Staff, Medical Procedures or Tests, Cancer, Health Treatments
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New Blood Thinner Misses Clot-Prevention Test Goal
A new type of blood thinner being developed by two top pharmaceutical companies didn't meet its goal in a late-stage test of its ability to prevent certain dangerous blood clots, but research for other uses will continue, the companies said late Tuesday....Tags: Pfizer Incorporated, Bristol (Hartford, Connecticut), Research and Development, Pharmaceuticals, New London (New London, Connecticut)
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Coca-Cola director swaps $4M mansion with railway boss
Forum Publishing GroupJames D. Robinson III and his wife, Linda, sold their six-bedroom, 8.5-bath at 2708 Sheltingham Drive in Wellington for $4 million to E. Hunter Harrison and his wife, Jeannie, on June 16. The Robinsons paid $2,778,643 for the property in Jan. 2001. The...Tags: Railway Transportation, Corporate Officers, Business Enterprises, National Government, Transportation
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Bristol-Myers Squibb profit rises 8%
Bristol-Myers Squibb Co. reported yesterday an 8 percent increase in second-quarter profit. The drugmaker reported net income of $764 million, or 38 cents per share, up from $706 million, or 36 cents per share, in the second quarter of 2007. Excluding... -
Bristol-Myers bids for ImClone Systems
From Chicago Tribune news servicesBristol-Myers Squibb Co., once the world's largest maker of cancer medicines, is trying to return to dominance with its $4.3 billion offer to buy ImClone Systems Inc., its partner in the tumor drug Erbitux. ImClone shares rose the most in 13 years on...Tags: Technology, ImClone Systems Incorporated, Genentech Incorporated, New York, Diseases
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Dow falls 205, continuing its string of erratic swings
From wire reportsWall Street sank yesterday, after weak readings on economic growth and the job market touched off renewed concerns about the financial health of businesses and consumers. Larry Smith, chief investment officer at Third Wave Global Investors in Greenwich,...Tags: Exxon Mobil Corporation, Stock Activities, Walt Disney Co., Stocks, Larry Smith
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ImClone, Bristol-Myers
Drug developer Bristol-Myers Squibb Co. offered $4.5 billion in cash for its cancer drug partner ImClone Systems Inc. Thursday, though the biotechnology company's board has yet to comment on the proposal. The offer, for $60 per share, marks a 30...Tags: Corporate Officers, ImClone Systems Incorporated, New York, Diseases, Biotechnology Industry
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Homebuilder WCI files Ch. 11
Bloomberg NewsWCI Communities Inc., the homebuilder whose chairman is billionaire corporate raider Carl Icahn, filed for Chapter 11 bankruptcy protection after failing to obtain new financing and losing 90 percent of its value in the past year. Chief Executive Officer...Tags: Corporate Officers, Bankruptcy, Credit Ratings, New York Stock Exchange, Time Warner Inc.
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Drug ad rules are hazy, enforcement often slow, GAO reports
Associated PressWhen a state trooper pulls over a speeding motorist, the officer usually writes out a ticket on the spot. When federal regulators catch a drug company peddling prescription medications for an unapproved use, it takes them an average of seven months to...Tags: Diseases, Illnesses, Health Organizations, Cancer, Iowa
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Foreign sales help 3M profit beat forecasts
From Chicago Tribune news services3M Co., the maker of Scotch tape and more than 50,000 other products, on Thursday posted second-quarter earnings that topped analysts' estimates as demand for safety equipment in Asia and Latin America compensated for slower growth in the U.S. The...Tags: Southwest Airlines Company, Prices, Dow Chemical Company, Mortgages, Union Pacific Corporation
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Rally ends; Dow falls 283
From wire reportsWall Street abruptly ended an earnings-driven rally and closed sharply lower yesterday after a steeper-than-expected decline in existing-home sales and worries about the financial sector chilled the market's recent optimism. The major indexes fell...Tags: RadioShack Corporation, Stock Activities, Mortgages, Amazon.com Inc., Philosophy
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Princeton: Toyota Marks 10 Years in Midwest
KickingTiresBy Eamonn Brennan Cars.com It's been 10 years since Toyota opened its plant on farmland just south of Princeton, and Gibson County residents have rallied around the site. Its residents have united around the new jobs, competitive salaries and endless........Tags: Employees, Restaurant and Catering Industry, Toyota Motor Corp., Plant Openings, Sales
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