|
|
| ICICI Bank profit up 17 percent on better loans
(AP)
|
| AP - ICICI Bank, India's largest private sector bank, said quarterly profit rose 17 percent as it cut costs and eliminated bad loans amid revived credit demand in India's growing economy. |
| Merck's 2Q net drops on higher costs, charges
(AP)
|
AP - Drugmaker Merck & Co. on Friday reported a 52 percent drop in second-quarter net income, weighed down by big restructuring charges from buying Schering-Plough Corp., generic competition and other factors.
|
| Dynavax posts 2Q loss, weighed down by expenses
(AP)
|
| AP - Drug developer Dynavax Technologies Corp. said Friday that higher operating expenses, weak revenue and costs linked to a stock offering drove it to a second-quarter loss, reversing a year-ago profit. |
| Jobs data, earnings latest test for stocks
(Reuters)
|
| Reuters - U.S. stocks are unlikely to break above a key technical level next week unless monthly jobs data and consumer company results paint a more promising picture of the recovery. |
| Genworth slides on disappointing 2Q results
(AP)
|
| AP - Shares of Genworth Financial Inc. plunged Friday, a day after the insurer and financial-services company's second-quarter results widely missed Wall Street's expectations. |
|