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Sony posted its fourth consecutive quarter of losses Friday, hurt by a strong Japanese yen and sluggish sales. But an aggressive cost-cutting drive and brightening outlook for the global economy encouraged the maker of PlayStation game consoles to trim...
GlaxoSmithKline Plc said third- quarter profit rose 30 percent after currency gains boosted revenue. Vaccine sales declined because of a “phasing” of shipments including swine flu shots.
The tech sector slid early Wednesday as shares of Advanced Micro Devices fell at the opening bell on reports that its former chief executive may have played a role in the Galleon insider-trading case.
The Food and Drug Administration delayed its approval decision on Amgen Inc.’s (AMGN) osteoporosis treatment denosumab, as it seeks more information from the drug maker.
It is unclear how long it will tak...