Navigation Links
West Announces First Quarter 2009 Results
Date:4/30/2009

se increased by $2.6 million in the first quarter, to $4.1 million, as a result of the effects of substantial 2008 investment losses in the plan, which first impacted the measurement of pension expense in 2009. Similar quarterly increases are expected during the remainder of the year.

Stock-based compensation expense declined by $1.0 million compared to the prior year quarter due primarily to the effects of changes in the Company's share price, which declined during the current quarter and increased during the same period last year. Other unallocated corporate general and administrative costs were $1.0 million lower in the quarter due to lower performance-based compensation costs for 2009 and to lower spending on external consulting services.

Net interest expense of $3.6 million was $0.5 million higher than in the prior-year quarter, primarily as a result of lower cash and investment balances and lower market interest rates on cash investments. The Company's reported tax expense of $2.5 million included a $1.7 million benefit from the reduction in a tax contingency reserve for prior years and the $0.3 million tax effects of current period restructuring costs. Excluding those items, the quarterly effective tax rate on Adjusted Earnings(1) was 24.6%, compared to 27.4% rate on Adjusted Earnings(1) in the prior year period, due to the intervening renewal of the U.S. credit for research activities and a more tax-efficient distribution of expected 2009 earnings internationally.

Restructuring and Other Items

West announced an operational restructuring plan for the Tech Group segment during the fourth quarter of 2007. Pre-tax charges of $0.7 million were incurred in the current quarter, of an estimated $1.0 million of total 2009 plan-related costs. Reported 2008 first quarter results included $1.0 million of comparable costs. The Company anticipates concluding execution of the plan in the seco
'/>"/>

SOURCE West Pharmaceutical Services, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18

Related medicine news :

1. Nuvo announces 2009 first quarter financial results
2. IRIDEX Announces Shipment of New IQ 577(TM) Laser Systems
3. Cardiac Science Schedules First Quarter Earnings Release and Announces Conference Call
4. Management Health Solutions, Inc. Announces Release v1.0 to Clinical Inventory Valuation Solution
5. Medeguide Announces Online Marketing Partnership with Admax Plus to Promote Doctors and Treatment Packages Online
6. Stryker Announces Election of New Director
7. Neurocrine Biosciences Announces Conference Call and Webcast to Present First Quarter 2009 Financial Results
8. MEDEX Announces New, Enhanced and Customizable Member Center
9. TSI Healthcare Announces Relocation of Corporate Headquarters to Chapel Hill, NC
10. Waters Corporation Announces U.S. Drug Enforcement Administration Acquires Waters ACQUITY UPLC System to Train Forensic Chemists in Drug Screening and Profiling
11. ASUR Announces Impact from Swine Flu Outbreak
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/18/2014)... Mateo, CA (PRWEB) September 18, 2014 ... archiving solutions, from active, to medium, and even long ... of content for any length of time. This includes ... of machine-produced data. When used together, Nautilus and ASG-Digital ... managing archive content. , "storageFOUNDRY is pleased to ...
(Date:9/17/2014)... Recently, UWDress.com, an innovative company that ... occasion outfits, has released its 2014 empire waist ... has launched a big sale for these new and ... deeply discounted rates, from 15 to 65 percent off. ... on using comfortable to wear materials. Its elegant items ...
(Date:9/17/2014)... 18, 2014 According to Centers for ... treat an estimated 173,285 sports- and recreation-related traumatic brain ... Soon, a blood test may be available to help ... long recovery will take. , In March of ... have found a way to test blood for a ...
(Date:9/17/2014)... (PRWEB) September 17, 2014 According ... Drug Administration report titled “Adverse Events Associated with ... a Dermal Filler,” unapproved use of Expression, a ... resulted in adverse reactions including discoloration, lumps, bruising, ... with FDA approval for cosmetic use include ...
(Date:9/17/2014)... Final Cut Pro X plugin developers have ... Pixel Film Studios. , “ProBlue 5k is a compilation of ... to epic,” said Christina Austin, CEO of Pixel Film Studios. ... a definite game changer.” , ProBlue 5k is the ultimate ... filmmaker ! This footage compilation of over 100 anamorphic flares ...
Breaking Medicine News(10 mins):Health News:storageFOUNDRY and ASG Software Solutions Partner to Integrate ASG-Digital Archive with the Nautilus Software-Defined Storage Platform 2Health News:storageFOUNDRY and ASG Software Solutions Partner to Integrate ASG-Digital Archive with the Nautilus Software-Defined Storage Platform 3Health News:2014 Empire Waist Evening Dress Collection Now Unveiled At UWDress.com 2Health News:Breakthrough blood test will improve concussion diagnoses, treatment 2Health News:Breakthrough blood test will improve concussion diagnoses, treatment 3Health News:Simon Ourian, Kim Kardashian's Cosmetic Surgeon, Warns About Illegal Use of Expression as a Dermal Filler 2Health News:A New Plugin Entitled ProBlue 5k Was Released Today from Pixel Film Studios Exclusively for Final Cut Pro X 2
... The following is the text of a letter to Senator ... Honorable Harry Reid , Majority Leader , United States Senate , ... health care reform debate very carefully. We applaud you and the ... most important and most difficult public policy issue. And, we applaud ...
... MOUNTAIN VIEW, Calif., Oct. 9 The Business & ... to announce its 2009 Quarterly Analyst Briefing Presentation entitled ... Analysis to be held on Tuesday, October 13, ... http://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO ) , The past year has ushered in ...
... quarter 2009 earnings release (expected to be issued after market close on ... invite you to listen to its quarterly investor conference call that will ... 9:00 a.m. ET. , , What: Covance ... October 22, 2009, 9:00 a.m. ET*, Where: ...
... predict , FRIDAY, Oct. 9 (HealthDay News) -- A ... blood sugar control, say U.S. researchers who conducted lab ... as genetically engineered mice. , "The most surprising part ... are embedded directly into another pathway, one that is ...
... (ASH) is proud to announce the participants in ... hematologic capacity in developing countries. Through this program, ... valuable clinical, laboratory, or technological training on a ... mentorship of an ASH member anywhere in the ...
... hospitals given awards for following program , FRIDAY, Oct. ... patients are less likely to die if they,re treated ... American Heart Association,s Get With The Guidelines (GWTG) quality ... Centers for Medicare and Medicaid Services data on 30-day ...
Cached Medicine News:Health News:Concord Coalition Leaders Send Letter to Senator Reid on Healthcare Reform Bill 2Health News:Concord Coalition Leaders Send Letter to Senator Reid on Healthcare Reform Bill 3Health News:Concord Coalition Leaders Send Letter to Senator Reid on Healthcare Reform Bill 4Health News:Concord Coalition Leaders Send Letter to Senator Reid on Healthcare Reform Bill 5Health News:Concord Coalition Leaders Send Letter to Senator Reid on Healthcare Reform Bill 6Health News:Concord Coalition Leaders Send Letter to Senator Reid on Healthcare Reform Bill 7Health News:Concord Coalition Leaders Send Letter to Senator Reid on Healthcare Reform Bill 8Health News:Concord Coalition Leaders Send Letter to Senator Reid on Healthcare Reform Bill 9Health News:Concord Coalition Leaders Send Letter to Senator Reid on Healthcare Reform Bill 10Health News:Frost & Sullivan to Discuss Investment Patterns in the Healthcare Industry in Free Webinar 2Health News:Body Clock, Blood Sugar Control Seem Linked 2Health News:Medical professionals from developing nations to pursue hematology training 2Health News:American Heart Association Guidelines Save Lives 2
(Date:9/17/2014)... Fla. , Sept. 17, 2014   myMatrixx, a pharmacy ... today that Business Insurance magazine has awarded ... distinction for the third year in a row. ... effort of Business Insurance  and the Best Companies ... is open to all publicly or privately-held insurance industry ...
(Date:9/17/2014)... Sept. 17, 2014  NuView Life Sciences, Inc. ... and collaboration agreement with Otsuka Pharmaceutical Co., Ltd. ... genomic-based diagnostic biomarker to detect cancers of the ... other future diagnostic-imaging applications. NuView retains all rights ... and in-vitro urine screen applications. Under ...
(Date:9/17/2014)... Sept. 17, 2014 Cardiac Dimensions ® ... from the TITAN II clinical trial of its ... sustained improvements in mitral regurgitation, functional improvement, quality ... safety and efficacy data, which was consistent with ... 13 at the 26 th annual Transcatheter ...
Breaking Medicine Technology:myMatrixx Honored with "Best Places to Work in Insurance" Award 2NuView Life Sciences Enters Global Licensing Agreement With Otsuka Pharmaceutical 2NuView Life Sciences Enters Global Licensing Agreement With Otsuka Pharmaceutical 3NuView Life Sciences Enters Global Licensing Agreement With Otsuka Pharmaceutical 4NuView Life Sciences Enters Global Licensing Agreement With Otsuka Pharmaceutical 5Cardiac Dimensions Announces New Long-Term Outcomes Data From TITAN II Clinical Trial Demonstrates Safety, Efficacy Of Enhanced CARILLON Mitral Contour System 2Cardiac Dimensions Announces New Long-Term Outcomes Data From TITAN II Clinical Trial Demonstrates Safety, Efficacy Of Enhanced CARILLON Mitral Contour System 3
... 4, 2011 A team of scientists at Tufts ... single-cell levels designed to detect breast cancer earlier, and ... Innovator Award from the Department of Defense Breast Cancer ... Ph.D. The Innovator Awards provide "individuals who ...
...   Research led by St. Jude Children,s Research Hospital scientists ... that are the workhorses of cells and, in the ... The discovery involves a chemical known as ... proteins have this chemical added to the amino acid ...
Cached Medicine Technology:Fighting Breast Cancer Early, One Cell At A Time 2Fighting Breast Cancer Early, One Cell At A Time 3Molecule Serves as a Key in Some Protein Interactions 2Molecule Serves as a Key in Some Protein Interactions 3
... incisional corneal surgery has long ... of the ophthalmology practice. To ... the technical skills and a ... quality. The new "Newman Astigmatic ...
The new TRC-NW200 Non-Mydriatic Retinal Camera combines Topcons years of experience in retinal imaging with the latest advances in digital and electronic technology....
... is indicated for the treatment of ... as telangiectasia, rosacea, spider angiomas, cherry ... papulosis nigra and keratoses. Patented ... selection of handpieces maximizes versatility, compact ...
... handpieces, used for endophotocoagulation ... with uncompromised laser treatment ... EndoProbe handpieces are compatible ... green (532 nm), OcuLight ...
Medicine Products: