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Posts Tagged ‘quarter-because’

Shares Molina Healthcare Inc. sank Thursday after its profit fell 27 percent in the second quarter because of higher medical care costs and other expenses.

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Molina Healthcare 2Q profit falls 27 percent

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Canadian drugmaker Biovail Corp. said Thursday it posted a loss in the first quarter because of costs involved with licensing a treatment for schizophrenia symptoms and a drug intended to treat a breathing disorder.

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Biovail takes 1Q loss on drug acquisition costs

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