Indonesia Supreme Court Rejects Agency's Appeal Vs Pfizer
Special to Dow Jones Newswires JAKARTA--Indonesia's Supreme Court said Wednesday it has rejected an appeal filed by the country's antitrust agency on a case against Pfizer Inc. (PFE), its affiliates and an Indonesian company, affirming an earlier ruling by a district court.
Stryker 2Q Earnings Up Despite International Pressure
Stryker Corp.'s (SYK) second-quarter earnings rose 4.8% as the company absorbed some charges, while sales growth was hampered by unfavorable foreign-currency rates and softness in international orthopedic markets.
Yum Profit Rises on Taco Bell Strength in U.S.; China Growth Slows
Yum! Brands Inc. (YUM), which owns the Pizza Hut, KFC and Taco Bell fast-food chains, saw its profit rise 4.8% in the latest quarter, as improvements at Taco Bell boosted its U.S. business, which is becoming more important given the pullback in China's economic growth.
Vale 2nd Quarter Iron Ore Output Rises on Better Weather
Iron-ore production at Brazilian mining company Vale SA (VALE, VALE5.BR) recovered in the second quarter after a sluggish start to 2012 as the country's rainy season ended, the world's largest producer of the key steelmaking ingredient said late Wednesday.