Glaxo Expects Slow Growth for This Year
298049
The pharmaceutical company reported a 5 percent increase in fourth-quarter earnings but said growth would slow this year as generic competition picked up.
610601
GlaxoSmithKline warns it will cut jobs and close some factories as part of a cost-cutting plan
439056
The generics drugmaker forecasts its 2008 financials.
137753
The U.S. economy grew at a  weaker-than-expected 3.1 percent annual pace in the final  quarter of 2004 year, its slowest since the beginning of 2003  as the country's trade performance deteriorated and inflation  picked up, a government report on Friday showed.
211417
GlaxoSmithKline PLC reported a 5.8 percent drop in third-quarter net profit Wednesday on strong generic competition and falling sales of its blockbuster diabetes drug in the United States.
525175
Global microchip sales will grow  by only 1.8 percent this year, much slower than an earlier  projection of a 10 percent increase, as prices in key markets  tumble, an industry group said on Wednesday.
637153
U.S. economic growth is expected to  slow in 2005 due to rising interest rates and high crude oil  prices, according to a forecast of participants at a Federal  Reserve Bank of Chicago conference released on Monday.
353772
GlaxoSmithKline Plc will release mid-stage clinical trial results on 15 experimental drugs in 2005, making it a pivotal year for Europe's largest drugmaker.
508843
The global mobile phone market is expected to see a slow down in market growth due to the lack of additional catalysts, US high tech market research firm IDC warned on Tuesday.
105442
Eli Lilly and Co.  on Thursday forecast profit gains next year below its expected 2006 growth and offered few big surprises at a meeting to describe its experimental drugs, sending shares lower.
521564
Southwest Airlines Co.  plans to slow its growth rate this year and next because of a more cautious view on the U.S. economy and travel demand, its chief executive said on Wednesday
557958
A slowdown in the U.S. economy will likely drag on global growth next year, economists predict, but Asia and Europe are expected to remain fairly resilient amid signs of healthy consumer demand.
764715
British pharmaceutical giant GlaxoSmithKline said Wednesday that third-quarter profits fell owing to fierce competition from generic drugs and sliding sales of controversial diabetes drug Avandia.
296501
Mexico indicated Wednesday it expects the downturn in the U.S. will mean much slower growth this year for its own economy, which depends on its northern neighbor for the bulk of its trade and investment.
690097
"Growth will slow down, due to increased global risk"  Germany's economy minister and a leading economic institute said Wednesday they expect 2008 growth to cool amid rising food and oil prices and fallout from the U.S. subprime mortgage loan crisis.Economy Minster Michael Glos was quoted by the mass-circulation Bild daily as saying the government was scaling back its forecast for 2008 to just under 2 percent. He did not give an exact figure.The Berlin-based DIW economic institute said it expected gross domestic product to expand by 2.1 percent in the coming year, following growth of at least 2.4 percent in 2007. Read more
566812
British pharmaceuticals giant GlaxoSmithKline said Wednesday it would cut jobs and costs, after third-quarter profits slid on poor sales of diabetes pill Avandia and fierce competition from generic drugs.
46465
U.S. economic growth is expected to slow in 2005 due to rising interest rates and high crude oil prices, according to a forecast of participants at a Federal Reserve Bank of Chicago conference released on Monday.