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August 10, 2006

Hospira net off; stock tumbles

2nd disappointment by young company In a potentially damaging blow to its credibility on Wall Street, hospital products maker Hospira Inc. reported weaker than expected sales and earnings for its second quarter.

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China shares at record high close as earnings surge

SHANGHAI, July 26 (Reuters) - China's stock market rose 0.52 percent to a record high close on Thursday, boosted by strong corporate earnings for the first half of the year.

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Planar Systems Stock Up on Raised Outlook

The stock of Planar Systems Inc. rose Tuesday after it tripled its earnings forecast for the latest quarter due to unexpectedly strong sales of its high-margin flat-panel displays.

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Pfizer Hikes Dividend More Than Expected

Chad Brand submits: Late Monday drug giant Pfizer announced a 21 percent increase in its annual dividend, to $1.16 per share. With the stock trading at $25 and change, the new current yield on the stock is a whopping 4.5 percent.

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