TradingMarkets winners & losers

Flowserve Corp. (FLS | Quote | Chart | News | PowerRating), an Irving, Texas-based industrial flow management equipment manufacturer, announced financial results for fiscal year 2005, reporting a fall in earnings due to losses on discontinued operations, despite a 7% increase in revenues (full story).

Provider of Travel and residential real estate services Cendant Corporation (CD | Quote | Chart | News | PowerRating) on Friday, revealed a definitive agreement to sell its travel distribution services subsidiary Travelport to an affiliate of Blackstone Group for about $4.3 billion in cash (full story).

Flowserve (FLS | Quote | Chart | News | PowerRating) FY05 Earnings From Cont. Ops. Surges 78% On Higher Sales (full story).

Cephalon Inc. (CEPH | Quote | Chart | News | PowerRating) announced that it received an approvable letter for FENTORA from the FDA. Fentora is a fentanyl buccal tablet for the treatment of breakthrough pain in opioid-tolerant patients with cancer (full story).

Pharmaceuticals, Inc. (BRL | Quote | Chart | News | PowerRating) on early Friday revealed that the company has increased its offer to purchase Croatian generic drug manufacturer PLIVA to about $2.3 billion in cash (full story).

Celgene Corp. (CELG | Quote | Chart | News | PowerRating) received approval by the U.S. Food and Drug Administration or FDA of its Supplemental New Drug Application for an additional indication for Revlimid in combination with dexamethasone for treatment of multiple myeloma (full story).

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