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Progressive Following on King Pharmaceuticals Inc.

Publication: M2 Presswire
Publication Date: 29-FEB-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-29 February 2008-MarketMinute: Progressive Following on King Pharmaceuticals Inc(C)1994-2008 M2 COMMUNICATIONS LTD

RDATE:29022008

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King Pharmaceuticals Inc (NYSE:KG) traded down 0.01 on Thursday, later in the afternoon, with below-average volume.

Today (Feb 28th 2008) King Pharmaceuticals, Inc. (NYSE:KG) announced that total revenues increased 7% to a record high $2.14 billion during the year ended December 31, 2007, compared to $1.99 billion for 2006. Reported net income equaled $183 million and diluted earnings per share equaled $0.75 during the year ended December 31, 2007, compared to net income of $289...

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