Reuters - A repeat of the costly price wars U.S.
automakers hoped to avoid this year appears more likely,
according to analysts, as the traditional Big Three confront
sagging sales and nagging worries about gas prices.
McKesson quarterly revenue up, profit falls
(Reuters) Reuters - Drug wholesaler McKesson Corp.
on Thursday reported quarterly revenue jumped 12 percent from a
year ago, exceeding Wall Street estimates, helped by
double-digit growth in its software business and increased
demand for generic drugs.
Reuters - Banana marketer Chiquita Brands
International Inc. on Thursday posted a 77 percent drop
in first-quarter profit as storm damage in banana-growing
regions limited supply and the company faced higher fuel costs
and import tariffs in Europe.
Reuters - Microsoft Corp.
plans to double spending on research and development at its MSN
Internet unit as the company focuses on software services,
Chief Executive Steve Ballmer said on Thursday.
Reuters - The U.S. Securities and Exchange
Commission has recommended ending a nearly year-long inquiry
into DreamWorks Animation SKG Inc. earnings without
taking enforcement action, the company said on Thursday.
