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Los Angelas, CA -- (SBWIRE) -- 01/23/2013 -- Synovus Financial's (NYSE:SNV) stock shot up nearly 4% in early trading this morning before retreating to a loss. Investors looking for the reason behind the move don't have to look any further than a couple of one-time gains during the quarter. At first glance, it appears that the bank did outstandingly during the quarter, improving net income from a modest $16 million during the third quarter to a phenomenal $712.8 million during the fourth quarter. However, it is important to look past this gaudy number to determine how the bank could improve its net income by such a substantial margin.
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Pfizer Inc. (NYSE:PFE) and Bristol-Myers Squibb Co. (BMY)’s Eliquis won the backing of the U.K.’s health-cost regulator for people with an irregular heartbeat, putting the drug in line to be the third new treatment recommended for such patients in the past year. The National Institute for Health and Clinical Excellence issued draft guidance recommending the blood thinner to prevent strokes in patients with atrial fibrillation, the agency said today in an e-mailed statement. NICE asked patients and doctors to talk before using Eliquis about whether to choose one of the other two new drugs or the older medicine warfarin instead.
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The recent earnings release from Verizon (NYSE:VZ) was hardly awe-inspiring. In fact, for Verizon shareholders, it was downright depressing. Earnings, even after stripping out pension costs, the impact of Hurricane Sandy, and a few other one-time charges, took it on the chin compared to Q4 of 2011. Not all the news is bad for Verizon. Yes, the wireless carrier fell short of analyst estimates by a wide margin, but there were a few positives sprinkled in among the dreariness. The number of new data plan activations, along with Verizon's improved operating revenues for both the recent quarter and the year, were bright spots. But for investors, there's more to Verizon as an investment opportunity than its most recent quarter. A lot more.
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Hewlett-Packard (NYSE:HPQ), which has had more drama than a prime-time soap over the last decade, and for Oracle (ORCL), where everyone knows the bottom line is the only one that counts. Strange as it may be to know, the bottom line isn't the only line talent looks at. (I'm married to a talented programmer, so I know this.) Relationships matter to talent, the work matters to talent, the team matters to talent, and the feeling that their work -- their life's work -- is in good hands matters a lot.
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