Key drugs lift Schering's profit 17%

Article Abstract:

Schering AG of Germany posted a 17 percent increase in net profit to 139 million Euros in the fourth quarter up from 119 million Euros last year. Good financial performance was due to strong sales of contraceptives and multiple-sclerosis treatments. The pharmaceutical company is to buyback shares worth 500 million Euros ($600 million), the biggest share buyback on record.

Securities issued, listed, Securities, Company securities

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Bayer posts surge in profit

Article Abstract:

Bayer AG of Germany posted a net profit surge to a third quarter gain of 49.3 million Euros ($580.8 million) up from 52 million Euros a year earlier. Revenue increased from consumer care and plastics units and a seven percent increase in product prices. Financial projections from the year increased sharply.

Bayer AG, BAYZY

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Germany's Schering posts a 29% increase in earnings

Article Abstract:

Schering AG of Germany posted a 29 percent increase of 160 million Euros ($191.2 million) in net profit. Sales for the pharmaceutical company were buoyed by high sales of the birth-control pill and lower operating costs. Sales were up ten percent to 1.36 billion Euros.

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