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AstraZeneca (AZN) Settles Tax Dispute, Raises Forecast
Tuesday, February 23, 2010 - 7:38amBritish health care company AstraZeneca Plc (NYSE: AZN) announced on Tuesday that it had reached an agreement with the U.K. Revenue & Customs agency over a pricing dispute. AstraZeneca agreed to pay 505 million pounds ($783 million) to settle the dispute. AstraZeneca will pay in two...
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AstraZeneca (AZN) To Cut 10,400 Jobs
Thursday, January 28, 2010 - 1:20pmPharmaceutical giant AstraZeneca plc (NYSE: AZN) reported that the company will eliminate 10,400 jobs over the next four years. The Anglo-Swedish drug maker's recent returns have been quite strong and the company increased its dividend by 12% to $2.30 per share, but the coming years may see a...
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