Sailing-Winds of change for America's Cup in Bermuda Triangle
HAMILTON, Bermuda, June 24 Mystery surrounds what next for the America's Cup if New Zealand win sailing's most prestigious prize in Bermuda next week.
Oct 24 Bristol-Myers Squibb Co's quarterly results missed Wall Street expectations, as cheaper generic drugs virtually erased sales of its blood clot preventer Plavix, but the U.S. drugmaker stuck to its full-year profit forecast.
Global sales of Plavix, sold in partnership with French drugmaker Sanofi, plunged 96 percent in the third quarter to $64 million. The pill was the world's second-biggest-selling medicine until its U.S. patent lapsed in May.
Bristol-Myers on Wednesday said it lost $711 million, or 43 cents per share in the quarter, as it took a $1.8 billion charge for an experimental treatment for hepatitis C called BMS-986094 that disappointed in clinical trials. In the year-earlier period, the company earned $969 million, or 56 cents per share.
Excluding special items, Bristol-Myers earned 41 cents per share in the quarter. Analysts, on average, had expected 42 cents per share, according to Thomson Reuters I/B/E/S.
June 23 The U.S. Marine Corps said on Friday it resumed flight operations for Lockheed Martin Corp's F-35B fighter jets after temporarily suspended operations a day ago because of software problems.