PARIS (AP) — Drugmaker Sanofi has reported a sharp rise in profits in the second quarter as higher sales from its Cambridge, Mass.-based biotech unit Genzyme helped offset by cuts in the price of the company's diabetes treatment Lantus in the U.S.
HELSINKI (AP) — Telecommunications and wireless equipment maker Nokia Corp. says second-quarter net profit was €347 million euros ($383 million), with growth particularly strong in its core networks division.
TOKYO (AP) — Sony Corp. has reported a threefold increase in profits for the quarter ended June 30.
FRANKFURT, Germany (AP) — Germany's Siemens AG says net profit fell slightly in the most recent quarter as better earnings from sales of medical equipment were offset by slower business at its power and gas division.
SEOUL, South Korea (AP) — Samsung Electronics suffered a fifth straight drop in quarterly earnings as the Galaxy S6 failed to reverse its declining fortunes in global smartphone sales.
Supervalu shares soared 11 percent Tuesday after the company said that it’s considering spinning off its discount grocer Save-A-Lot into a separate publicly traded company.