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Schering-Plough Posts 4Q Profit
Posted on 2006-01-31 13:34:00
Schering-Plough Corp. reported a fourth-quarter profit, boosted by a strong performance of its cholesterol-fighting drugs and lower income taxes.
Schering-Plough, based in Kenilworth, NJ, earned $104 million, or seven cents per share, in the October-December period compared to a loss of $856 million, or 58 cents per share, during the same period in 2004.
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