<< Read Full Article

Genzyme's Sales Fall Short

Stock quotes in this article: GENZ , ANOR , MLNM  

Genzyme(GENZ Quote) exceeded Wall Street's earnings expectations but fell short of analysts' sales estimates for the third quarter.

Shares of Genzyme dropped 4.4% to $65.

The company earned $16 million, or 6 cents a share, compared with $115.7 million, or 43 cents a share, in the year-ago period. This year, earnings included a series of expenses that cut Genzyme's profits, including a $149.4 million charge related to the company's genetic-testing business. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,471.58 1,108.86 2,175.81 32.75
Oil *
79.69
UP
126.74
UP
13.23
UP
31.21
UP
0.74
10 Yr
3.28%
SPDR Gold
117.38
+1.23%
+1.21%
+1.46%
+2.31%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services