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Schering-Plough Meets Earnings Estimates

Third-quarter earnings come in at 40 cents a share.
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Schering-Plough

(SGP)

Tuesday reported third-quarter earnings of 40 cents a share, in line with what the analysts expected and a nickel better than last year's 35 cents. Schering-Plough reported a 14% rise in profits thanks to sales of Claritin, which soothes allergy sufferers. The little pill accounted for a third of Schering's $2.4 billion in sales.

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