Glaxo
faces crucial Paxil court case
Chicago: GlaxoSmithKline said on Wednesday a key
trial over US patents on its best-selling antidepressant
Paxil would be held on February 5 in Chicago, somewhat
earlier than analysts had expected.
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BankAm
Q4 net up 27% to $2.6 bn on tax settlement
New York: Bank of America, the No 3 US Banking
company, on Wednesday said its quarterly profit jumped
nearly 27%, lifted by a tax settlement and consumer banking
revenue.
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US
apex court upholds longer copyrights
Washington: The US Supreme Court on Wednesday
upheld lengthier copyrights protecting the profits of
songs, books and cartoon characters - a huge victory for
Disney and other companies.
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Intel
Q4 net doubles to $1bn as high-end chip sales steal show
New York: Intel, the world's largest maker
of microprocessors, posted fourth-quarter earnings that
more than doubled as revenues outpaced expectations on
sales of higher-priced chips.
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