Daily News: Weather News Headlines - Cost controls help Pfizer, Merck weather weak quarter

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Tuesday, Jul 30, 2013 02:16 PM PDT
Today's Weather News Headlines - Yahoo! News: Cost controls help Pfizer, Merck weather weak quarter New EPA chief takes on critics of U.S. agency's policies

Cost controls help Pfizer, Merck weather weak quarter  Tuesday, Jul 30, 2013 02:16 PM PDT By Bill Berkrot and Ransdell Pierson (Reuters) - Big Pharma is still relying on belt-tightening to prop up financial results. Pfizer Inc and Merck & Co said on Tuesday their quarterly results were again hit by generic competition for once top-selling products and the toll of a strong dollar on overseas revenue. Controls on marketing and administrative expenses, and other costs, helped them report earnings slightly above Wall Street estimates. ... Full Story	Top
New EPA chief takes on critics of U.S. agency's policies  Tuesday, Jul 30, 2013 01:15 PM PDT By Richard Valdmanis and Valerie Volcovici CAMBRIDGE, Mass./WASHINGTON (Reuters) - Delivering her first speech as the top U.S. environmental steward, Gina McCarthy on Tuesday pre-empted a frequent mantra of critics of the Environmental Protection Agency - that the agency's regulations disrupt the economy and cost jobs. The benefits derived from rules to address climate change and protect the environment far outweigh their costs, said McCarthy, who was confirmed by the U.S. Senate on July 18 as EPA administrator. ... Full Story	Top

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