April 30, 2013 |
Auxilium Pharmaceuticals Inc., of Chesterbrook, reported disappointing first-quarter sales on Monday and said it is spending $585 million to buy a urology drug company. Auxilium said sales of its two approved drugs, Xiaflex and Testim, both decreased because of lower sales in the U.S. It said both drugs appear to be losing market share and reduced its sales expectations for both products. The company also said it bought Actient Holdings LLC from private equity firm GTCR for $585 million.
February 27, 2011 |
In the 29 months since the financial meltdown of September 2008, the Federal Housing Administration has been insuring an ever-larger share of the nation's new mortgages. Recent figures place the number at one in three. The FHA's share of the mortgage market "waxed, waned, and waxed again" with the nation's economic health between 2000 and 2009, according to a recent study by the Federal Reserve Bank of Philadelphia. In 2000, for example, the FHA's market share stood at 10.53 percent.
December 21, 2012 |
When it comes to winning races and winning awards, Chapter Seven has broken the bank. The 4-year-old male trotter, who won eight of 10 starts and equaled the world record of 1 minute, 50.1 seconds on a mile racetrack, was named horse of the year Thursday in Dan Patch Awards voting by the U.S. Harness Writers Association. Chapter Seven's 10 starts were the fewest for a horse of the year winner in harness racing history. On Tuesday, Chapter Seven was named trotter of the year, defeating stablemate Market Share by 39 votes for the honor.
October 2, 1992 |
K. Hovnanian Co. appears to have broken the jinx that has stalled development of the 58-acre Rebel Hill tract near Radnor Township. Construction on 185 new townhomes is under way and Hovnanian plans to begin sales on the first townhouse units this month - accomplishing in roughly four months what other builders and developers couldn't do in more than 30 years. Rebel Hill is an important part of Hovnanian's aggressive strategy to move from ninth place to No. 1 in terms of market share for Delaware Valley builders.
January 3, 2013
Q: What's the definition of "market share?" - E.M., Victoria, Texas A: The useful online glossary at investorwords.com provides a good definition: "The percentage of the total sales of a given type of product or service that are attributable to a given company. " Consider smartphone- operating systems, for example. According to Kantar Worldpanel Com- Tech, in the United States, Apple's iOS recently held a 53 percent share of the market (up from 36 percent a year ago), versus 42 percent for Android, 3 percent for Windows and less than 2 percent for BlackBerry OS. Recent global data from IDC for "smart" connected devices (which include smartphones, PCs and tablets)
December 19, 2012 |
Chapter Seven and Market Share gave owner Richard Gutnick and trainer Linda Toscano a strong 1-2 punch on the racetrack. The stablemates knocked out the competition off the track as well. Chapter Seven on Tuesday was named trotter of the year by the U.S. Harness Writers Association, with Market Share finishing second in the organization's year-end Dan Patch Awards balloting. Chapter Seven, a 4-year-old who also was voted the sport's best older male trotter, received 89 of 146 votes to claim trotter of the year.
May 6, 1986 |
Trying to keep track of who is who in the long-distance business has not been an easy task lately. And it's expected to get even tougher. Competition among long-distance carriers is relatively new, with hundreds of young companies attempting to attract some of the business that for so long has been dominated by American Telephone & Telegraph Co. But all that competition is starting to take a toll. About 300 regional and national long-distance companies served customers at the end of last year, down from 400 the year before, according to estimates by the Yankee Group, a consulting firm in Boston.
August 18, 1987 |
On the surface, the idea sounds crazy. Is this what the world really needs? An antacid in the form of an aerosol whip? Consider the comic possibilities. How about a helping of strawberry shortcake covered with whipped antacid? Maybe an Irish coffee topped with a dollop of whipped antacid? Eat and drink all you want, and never worry about indigestion. Despite the jokes, Rorer Group Inc. has decided to proceed with national distribution of Maalox Whip, a new formulation of its familiar Maalox antacid.
April 29, 1986 |
Acme Markets, the Philadelphia-based food store chain, remained at the top of the supermarket heap for the second year in a row, according to a survey by Food Trade News, a publication that follows the industry. The survey, which covered 45 counties in Pennsylvania, New Jersey and Delaware, ranked the top 20 supermarkets, which controlled 77.2 percent of the market and had estimated retail food sales in 1985 of $11.3 billion. Acme Markets' 214 stores had sales of $2.682 billion, for a regional market share of 23.66 percent, according to the magazine, which is published in Ardmore.
May 24, 2011
As part of a push to hire 1,000 small-business bankers across the nation, Bank of America said today that it had hired 11 lenders in Southeastern Pennsylvania and six in South Jersey, based at branches in Camden, Burlington, Ocean, and Atlantic Counties. Last June, Bank of America had 102 branches with $7.7 billion in deposits, for a 6 percent market share, in the eight-county Philadelphia area. -Harold Brubaker