Thursday, October 16, 2008 - Posts

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Nursing is a profession focused on assisting individuals, families, and communities in attaining, maintaining, and recovering optimal health and functioning. Modern definitions of nursing define it as a science and an art that focuses on promoting quality of life as defined by persons and families, throughout their life experiences from birth to care at the end of life.

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Genentech 3Q profit rises, meets forecast

Genentech Inc.'s third-quarter profit rose 6.7 percent on rising sales of key cancer drugs, the biotechnology company said Tuesday, matching Wall Street's profit forecasts.

The company lowered the top end of its expected outlook for the year as a result of costs for a program it created in response to an unsolicited buyout offer during the quarter from cancer drug partner Roche.

The company earned $731 million, or 68 cents per share in profit, up from $685 million, or 64 cents per share during the same period a year prior. Revenue rose 17 percent to $3.41 billion from $2.91 billion.

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Johnson & Johnson 3Q profit rises, tops views

Health care giant Johnson & Johnson on Tuesday posted a 30 percent jump in third-quarter profit and beat Wall Street expectations, mainly because the year-ago results were weighed down by a $745 million restructuring charge.

Higher sales of consumer products and medical devices, boosted overseas by the weak dollar, also helped the New Brunswick, N.J.-based maker of contraceptives, baby care items, medical devices and prescription drugs. It reported net income of $3.31 billion, or $1.17 per share, up from $2.55 billion, or 88 cents per share, in the year-ago period.

Revenue climbed 6.3 percent, to $15.9 billion from $14.97 billion, but was boosted 3.1 percent by favorable currency exchange rates.

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Apple to offer $999 entry laptop, better graphics

Apple Inc. touched up its line of laptop computers Tuesday with a minimal nod to the economic turmoil that might push consumers to be more frugal this holiday shopping season.

Apple did lower its least expensive laptop, the existing version of the entry-level MacBook, by $100 to $999.

But in the updated versions of its MacBook and MacBook Pro machines, Apple focused mainly on adding features.

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PepsiCo to cut 3,300 jobs as profit falls 10 pct

PepsiCo Inc. is cutting jobs and closing factories to give it some "breathing room" to navigate the volatility that has permeated all corners of the global economy.

The maker of Pepsi-Cola, Doritos and Sun Chips said Tuesday it plans to eliminate 3,300 jobs and shutter six plants in an effort to save $1.2 billion over three years. It plans to use the savings primarily to revive lagging U.S. soft drink sales.

The announcement came as the global snacks and drinks company reported a 9.5 percent drop in third-quarter profit, missing Wall Street expectations. PepsiCo also issued a downbeat profit outlook for the fourth quarter and full year.

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