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NEW YORK - Sunday, November 11th 2012 [ME NewsWire]

Third Quarter Results
Revenue from Continuing Operations of $222 million
GAAP EPS from Continuing Operations of $0.35, includes $0.28 non-recurring tax benefit
Non-GAAP EPS from Continuing Operations of $0.09
Announces Corporate Restructuring
Concentrates resources on core business in North America and key European & Asian markets supported by increased marketing and sales
Pursues sale of ChinaHR and evaluates options in developing markets
Combined actions expected to reduce Operating Expense by approximately $130 million on an annualized basis
Review of Strategic Alternatives Ongoing

(BUSINESS WIRE)-- Monster Worldwide, Inc. (NYSE:MWW) today reported financial results for the third quarter ended September 30, 2012. The Company also announced that it will implement a corporate restructuring to focus on its core business and reduce its cost structure in o ... Read more »
Views: 308 | Added by: africa-live | Date: 11.11.2012 | Comments (0)

ME Newswire / Business Wire

INGELHEIM, Germany - Sunday, November 11th 2012

Pivotal Phase III interferon-free study being initiated following positive Phase IIb results

For media outside of the U.S.A. , UK and Canada only

Final results from the Phase IIb study, SOUND-C2, confirmed that up to 85 percent of hepatitis C (HCV) patients infected with the most prevalent type of HCV globally, genotype-1b (GT-1b), achieved and subsequently sustained viral cure with Boehringer Ingelheim’s interferon-free regimen, when measured 12 and 24 weeks (SVR12 & SVR24) after treatment. This high cure rate was achieved following just 28 weeks of treatment with the highly effective polymodal* therapy, faldaprevir (BI 201335)+, a potent next wave once daily protease inhibitor, and BI 207127+, a potent non-nucleoside polymerase inhibitor, plus ribavirin.1

These full results from the largest interferon-free trial of its kind to be concluded to da ... Read more »
Views: 309 | Added by: africa-live | Date: 11.11.2012 | Comments (0)

HONG KONG - Saturday, November 10th 2012 [ME NewsWire]

    Record pre-tax income of US$204 million
    Record quarterly sales of US$8.7 billion
    Record market share of 15.6 percent
    Basic EPS of 1.58 US cents, or 12.25 HK cents
    Net cash reserves of US$3.6 billion (as of September 30, 2012)

(BUSINESS WIRE)-- Lenovo Group today reported results for its second fiscal quarter ended September 30, 2012. Outgrowing the market in all geographies, Lenovo continued its push towards becoming the number one vendor in the PC industry, with record quarterly sales of $8.7 billion, an 11 percent increase year-over-year. While growing faster than the top four PC companies for three straight years, Lenovo also turned in another quarter of record pre-tax income at US$204 million, evidence that the Company continues to build upon its track record of profitable growth.

During the second fis ... Read more »
Views: 301 | Added by: africanewsline | Date: 11.11.2012


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