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Tuesday, December 16, 2008
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Tuesday, December 16, 2008
Drug maker Bristol Myers Squibb (BMY) announced plans to cut another 10% of its work force Tuesday afternoon in an effort to reduce costs in a less-than-certain economy.
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Tuesday, December 16, 2008
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Tuesday, December 16, 2008
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Monday, December 15, 2008
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- Pfizer To Cut 700 Jobs In France
- Mylan Leaves NYSE, Moves To Nasdaq Stock Market
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- Glaxo Study Shows Tykerb Adds Breast Cancer Benefit
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Blog List
MORE NEWS
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- Capital Senior Living Corporation Provides Update on Development Activities
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- AngioDynamics to Report Fiscal Second Quarter 2009 Financial Results and Hold Conference Call on January 6, 2009
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- Positron Corporation Announces Appointment of Medical Director
- Non-Invasive Stool-Based DNA Screening for Colon Cancer Recognized More Broadly as Standard of Care
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FOX Translator
No data currently available.
No data currently available.
Most folks judge the health of a business by the revenue that comes in through sales. But not all revenue is equal. Companies can grow their sales by buying other companies, which means you don't get a clear view of how the real sales trends are moving.
So, many analysts, particularly those who look at retail, try to gauge what¿s known as "organic" growth, by looking at same-store sales. These are sales only at outlets open more than a year, so the metric can exclude any sales jump that comes from opening new locations. Retailers release same-store sales (which are frequently called "comps" since they're a true comparison from the previous period) every month.
Retail, incidentally, isn't the only industry to look at same-store sales. Hospital companies, also use the metric, to gauge how existing hospitals are performing compared to ones they just built or acquired.