Wausau, which in March had said it would close itsremaining paper machine in Maine and cut salaried workforce by7 percent, said it expects its second-quarter results to becomparable with the adjusted first-quarter profit, excluding anexpected facility closure charge of 27 cents per share. Shares of the company closed at $7.91 Monday on the NewYork Stock Exchange. For the alerts, please double click [ID:nWNAB8799] (Reporting by Arup Roychoudhury in Bangalore; Editing byPradeep Kurup) (; withinU.S +1 646 223 8780; outside U.S. +91 80 4135 5800; ReutersMessaging: )) Stocks Global Markets.
The Cubs shutout the Nationals by the score of 7-0 last night behind an excellent pitching performance by Carlos Zambrano. Carlos put in seven innings of work allowing just five hits while striking out five but did walk four in the game. With the win Carlos bettered his record to 4-1 on the season.The Cubs offense was lead by Derrek Lee who went 2-for-3 with 2-run double in the second and a run scoring single in the top of the first. Mark Derosa who went 2-for-5 hit a 2-run single in the first that scored both Lee and Fukudome to put Cubs up 3-0 early in the game. The Final runs of the night came off the bat of Aramis Ramirez who hit a 2-run double that scored Lee and Felix Pie.As for the Nationals they only had five hits on the night, two of which came off the bat of lead off hitter Felipe Lopez.
Starter Matt Chico pitched only four innings allowing five earned runs in the first two innings he pitched, he did manage to strikeout five. Chico took the lost dropping his record to 0-5.Today the Cubs will look to take the rubber game of the three game series as they send Ted Lilly to mound and John Lannan will go for the Nasty Nats Game time is set for 12:35 pm ct.. * Q3 service revenue up 8 pct Stocks | Global Markets * Lowers 2009 service rev view * Raises 2009 profit view * Shares jump 15 pct after the bell April 27 (Reuters) – Parexel International Corp (PRXL.O)posted a flat quarterly profit as higher expenses offset an 8percent increase in service revenue, and the company raised itsprofit forecast for 2009, sending its shares up 15 percent. The company which provides research, communications andconsulting services to drugmakers and medical device companies,posted service revenue of $264.5 million for the third quarterended March 31, up from $245.3 million a year ago. The Waltham, Massachusetts-based company said its orderbacklog was up about 7 percent at $2.04 billion by the end ofthe March quarter. Last week, the company’s rivals Kendle International Inc(KNDL.O) and Pharmaceutical Product Development Inc (PPDI.O)had issued weak forecasts, citing project cancellations. For the third quarter, the company posted a flat net incomeof $14.2 million, or 25 cents a share Total revenue rose 5.5percent to $311 million.
Analysts, on an average, were expecting a profit of 23cents a share, before special items, on revenue of $276.6million, according to Reuters Estimates. The company raised its 2009 profit forecast to 97 cents to99 cents per share, before special items, from its previousview of 94 cents to 98 cents Parexel shares were trading at $9.30 after the bell Theyclosed at $8.08 Monday on Nasdaq. For the alerts, double-click [ID:nWNAB8787] For the company press release, double-click[ID:nPnNE05758] (Reporting by Vidya L Nathan in Bangalore; Editing by DeepakKannan) Stocks Global Markets. Pelosi Statement on President Obama’s Nomination of Dr. Eric Goosby as GlobalAIDS CoordinatorWASHINGTON, April 27 /PRNewswire-USNewswire/ — Speaker Nancy Pelosi releasedthe following statement on President Obama’s nomination of Dr.