Sepracor Inc. (Nasdaq: SEPR) posted higher fourth quarter earnings of 77 cents per share compared with losses of 5 cents per share in the year ago period as the drug maker cut costs and reduced headcount to reaffirm its 2009 profit outlook. Shares of the pharmaceutical surged $2.17 to $15.80.
Sepracor Swings To Profit
January 29, 2009 at 13:50 PM EST