UPDATE: Forest Laboratories Posts FQ3 Profit, Lifts FY14 Outlook
January 21, 2014 at 10:56 AM EST
Forest Laboratories (NYSE: FRX ) posted a profit in the fiscal third quarter. For the full fiscal year, Forest Labs lifted its earnings forecast to $1.25 to $1.35 per share, versus its earlier outlook of $0.95 to $1.15 per share. Forest Labs posted its quarterly profit of $18 million, or