Keyword: Q1 2012

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Solvay Beats Q1 Consensus

08.05.2012 - Belgian chemicals group Solvay expects profit to recover in 2012 thanks to cost-cutting initiatives which helped offset weak markets for its plastics unit and beat consensus in the...

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Beiersdorf Says Turnaround Working as Profit Rises

03.05.2012 - German consumer goods company Beiersdorf said on Thursday that its decision to focus on its core Nivea skincare line was beginning to yield results as it reported a better than...

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BG to Sell Comgas to Cosan for $1.8bln, Profit Up

03.05.2012 - British gas and oil producer BG Group said it had agreed to sell its Brazilian gas distribution business Comgas to Cosan for $1.8 billion as it unveiled soaring first quarter...

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Clariant Delivers Resilient Q1 Performance

03.05.2012 - Clariant announced first quarter sales of CHF 1.945 billion, compared to CHF 1.717 billion in the previous-year period. Sales grew 18% in local currencies and 13% in Swiss francs...

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Pfizer on Lookout for Mid-size Drug Deals

02.05.2012 - Pfizer, which last week agreed to sell its baby formula business for almost $12 billion, is on the hunt for companies with promising new treatments for diabetes, cancer and...

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Biogen Profit Below Street View; Outlook Strong

02.05.2012 - Biogen's quarterly profit fell short of analysts' estimates on weak sales of its Avonex multiple sclerosis treatment, its biggest-selling product. But the biotechnology company...

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Huntsman Profit Jumps on Demand

02.05.2012 - Huntsman's quarterly profit beat Wall Street's expectations by a wide margin due to higher prices for chemicals used in insulation and paint, sending the company's shares up more...

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LyondellBasell Posts Mixed Earnings

30.04.2012 - Chemical maker LyondellBasell Industries's quarterly revenue missed Wall Street's expectations and profit was drained by high supply costs in Europe and Asia, sending shares down 6...