Healthcare and pharmaceutical group Johnson & Johnson blames higher costs for a fall in quarterly profits, but its latest results still beat market expectations.
Read this article: Profits down at Johnson & Johnson
Category : Business
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Romney says Obama gave minority groups “gifts” to gain support
al.com (blog) President Obama praised GOP Mitt Romney on Wednesday at a news conference in Washington for his record and ideas, however over a conference call on the same day Romney is said to have accused Obama of being overly generous to minority groups … Romney attributes loss to 'gifts' Obama gave minorities Romney Blames Loss on Obama's 'Gifts' to Minorities and Young Voters Romney: Obama Won By Bestowing “Gifts” On Voters Category : World News WellPoint (WLP) Director Lenox Baker has backed under-fire CEO Angela Braly, saying that she “has done a great job” and that there is no move by the board to fire her. In contrast, WellPoint shareholder Omega Advisors says, “There’s a universal view that the CEO is the wrong CEO to lead the business,” while Orbimed Advisors blames “management missteps,” for WellPoint’s poor performance. Read more from the original source: WellPoint (WLP) Director Lenox Baker has backed under-fire CEO Angela Braly, saying that she "has done a great job" and that there is no move by the board to fire her. In contrast, WellPoint shareholder Omega Advisors says, "There’s a… Category : Business Tui Travel, which owns Thomson and First Choice, blames an early Easter holiday and sluggish business in France for a 73% fall in third quarter profit. Link: Tui Travel profits fall sharply Category : World News The world’s second-biggest mining group, Rio Tinto, blames weaker commodity prices for a 22% drop in half-year net profits. Read the original: Weak prices hit Rio Tinto profits
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