Xtremely restless: Recession intensifies Gen X’s ‘middle child’ syndrome, urge to job hop
Recession intensifies GenX discontent at work Wall Street expects Medco to benefit from demand for health care savings, generic drug sales
Earnings Preview: Medco Health Solutions NEW YORK — Medco Health Solutions Inc., the largest U.S. pharmacy benefits manager, is scheduled to report its third-quarter results Tuesday morning. The following is a summary of key developments and analyst commentary for the period. Vitamin Shoppe raises better-than-expected $154.6M in IPO; shares soar in 1st day of trading
Vitamin Shoppe IPO raises $154.6M, shares soar Census data shows college graduates choosing urban, high-tech meccas in recession
Census: ‘Brain gains’ for high-tech cities Oregon offers model to boost nursing faculty as nation faces predicted shortageOregon offers model to boost nursing faculty PORTLAND, Ore. — A predicted national shortage of nurses in the next decade could be made worse by a shortage of the experienced nurses who train them at community colleges and universities around the country. Drugmaker Pfizer’s 3Q profit jumps 26 percent on cost cuts; more expected with Wyeth deal donePfizer 3Q profit jumps 26 percent on cost cutting TRENTON, N.J. — Drugmaker Pfizer Inc. on Tuesday posted a 26 percent jump in third-quarter profit despite the recession, as sharp cost cuts made up for a dip in sales. Recession cuts Johnson & Johnson drug, devices and consumer products sales, profit edges upJ&J ekes out profit rise despite sales drop TRENTON, N.J. — Band-Aid maker Johnson & Johnson is feeling the pain as consumers worldwide buy more generic health products — whether it’s prescription medicines or store-brand bandages — or just do without for as long as they can. Drug, device maker Johnson & Johnson posts 1 percent rise in 3Q profit despite lower salesJ&J posts 1 percent profit rise despite sales drop TRENTON, N.J. — Johnson & Johnson on Tuesday reported a meager 1 percent increase in third-quarter profit, as intensifying generic competition slashed sales of blockbuster prescription drugs. In addition, the global recession hurt consumer product sales and slowed growth for medical devices, the only J&J segment not declining. Even as layoffs persist, some employers can’t find people with right skills to fill good jobsEven as layoffs persist, some good jobs go begging In a brutal job market, here’s a task that might sound easy: Fill jobs in nursing, engineering and energy research that pay $55,000 to $60,000, plus benefits. Layoffs, buyouts by US businesses means fewer workers are donating blood at corporate drivesLayoffs lead to fewer corporate blood donors in US JACKSONVILLE, Fla. — Before the recession hit, Jacksonville’s blood bank would pull its buses up to the Anheuser-Busch brewery and pump 300 units of blood from employees. New study finds jobless workers struggling to cope with psychological stress of recessionStudy: unemployed feel ‘traumatized’ by recession TRENTON, N.J. — A new study finds that the recession has left many jobless workers struggling to cope with the psychological stress caused by becoming unemployed in a weak economy. |
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