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Alza Corp

BUSINESS
April 27, 1993
Companies ranked by profit from continuing operations as a % of sales. 1992 Rank Company Return % 1 Carter Hawley Hale 38.5 2 Magma Power 33.4 3 Amgen Inc. 32.7 4 ALZA Corp. 31.5 5 Franklin Resources Inc. 30.1 6 N. American Mortgage 27.2 7 Cisco Systems 25.9 8 Collagen Corporation 23.4 9 Linear Technology Corp. 22.5 10 American Residential 22.1 11 Countrywide Credit 21.5 12 Plaza Home Mortgage 21.1 13 W D-40 Co. 19.0 14 McGrath RentCorp 18.6 15 MacNeal-Schwendler 18.6 16 Argonaut Group Inc. 18.
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BUSINESS
October 22, 1999 | From Bloomberg News
Shares of Palo Alto-based Alza Corp. fell 2.5% amid concern about the status of its plans to be acquired by Abbott Laboratories Inc., a transaction that was approved by shareholders last month. Abbott in June offered to pay 1.2 of its shares for every share in Alza, a developer of sustained-release drugs. The agreement then was worth $7.3 billion. Its value has since declined to about $6.3 billion as Abbott shares have declined because of regulatory problems with the U.S.
BUSINESS
April 26, 1994
Companies ranked by analysts' estimated earnings increase this year. '94 Estmtd 1994 1993 % Earnings Estimated Actual Rank Company Increase Earn/Share Earn/Share 1 Great Western Financial 507 1.70 .28 2 Pacific Telesis Group 428 2.80 .53 3 Cypress Semiconductor 362 .97 .21 4 Atlantic Richfield Co. 216 5.25 1.66 5 Apple Computer Inc. 126 1.65 .73 6 Chiron Corp. 115 1.18 .55 7 Mattel Inc. 113 1.64 .77 8 3Com Corp. 105 2.50 1.22 9 Oracle Systems Corp. 88 .90 .48 10 ALZA Corp. 85 1.00 .
BUSINESS
May 6, 1997
California-based firms in the Standard & Poor's 500 index, ranked by 52-week stock price change, as of April 18. *--* Rank Company 52 week % change 1 Advanced Micro Devices 113 2 Intel Corp. 109 3 National Semiconductor 85 4 Great Western Fin. Corp. 76 5 Seagate Technology Inc. 56 6 H.F. Ahmanson & Co. 54 7 Clorox Co. 48 8 Times Mirror Co. 43 9 BankAmerica Corp. 38 10 Edison International 37 11 Northrop Grumman Corp. 37 12 Avery Dennison Corp. 34 13 Tandem Computers Inc.
BUSINESS
April 27, 1993
Companies with highest ratio of stock market value to sales. 4/20/93 1992 Price/ Mkt. Value Revenue Sales Rank Company ($ Millions) ($ Millions) Ratio 1 Ventritex Inc. 443.3 15.1 29.38 2 Pyxis Corp. 755.5 46.3 16.33 3 Gensia Pharmaceuticals 468.5 30.8 15.22 4 Calgene Inc. 295.7 23.7 12.48 5 Cisco Systems 5,484.2 473.5 11.58 6 Platinum Software 268.3 23.3 11.54 7 ALZA Corp. 2,420.6 229.3 10.56 8 ICU Medical 106.0 10.2 10.44 9 Cytel Corp. 102.6 10.1 10.13 10 QUALCOMM Inc. 944.1 112.4 8.
BUSINESS
March 27, 2001 | From Bloomberg News
Drug giant Johnson & Johnson may buy Alza Corp. for about $10 billion in stock to gain an attention-deficit disorder treatment and timed-release medicines, people familiar with the companies' discussions said Monday. Alza stockholders would exchange each of their shares for about a half-share of Johnson & Johnson, sources said. The deal talks, first reported in the Wall Street Journal and the Financial Times on Monday, sent Alza's shares soaring $8.70, or 29%, to close at $38.
BUSINESS
June 22, 1999 | PAUL JACOBS, TIMES STAFF WRITER
Pharmaceutical giant Abbott Laboratories announced Monday that it will acquire Alza Corp., a Palo Alto company that has developed novel drug delivery products, including the NicoDerm skin patch for smokers who want to quit. The $7.3-billion deal is one of several recently in which large drug companies have gobbled up smaller ones--particularly biotechnology firms--in an effort to expand their growth potential. In this case, Abbott Park, Ill.
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