•More complications for Amgen's anemia drugs Aranesp and Epogen. Both will get stronger warnings about serious health effects, including death. The FDA said today it is "reevaluating" the safety of the drugs and telling doctors to use the lowest doses possible. Bloomberg
•No Socal companies on Fortune magazine's list of 20 most admired companies (General Electric ranks #1). But the numbers are is sliced and diced in lots of ways, with Disney topping the list of most admired in its sector. All told, there are nine Socal companies on the complete roster of 306.
•While we're on the subject of lists, BW ranks USC's Marshall School 19th on its new ranking of best undergraduate business schools. (UCLA's Anderson School focuses on graduate programs).
•The WSJ is reported to be among the Pulitzer finalists for its ongoing coverage of the stock options backdating story. The Journal started writing about suspiciously low options grant dates about a year ago and so far 140 companies have been implicated in one way or another - including more than a dozen in Socal. E&P
•Some Toyota dealers are offering up to $1,500 in discounts for its newly designed Tundra truck, with the automaker's senior management becoming concerned about meeting the sales target of 200,000 Tundras this year. There's apparently a lot of competition. WSJ
•Remember OC's Fluor Corp., the engineering and design firm that moved to the Dallas/Ft. Worth area last year? Well, Michelle Leder at footnoted.org was going through Fluor's proxy and noticed that CFO D. Michael Steuert spent $598,000 relocating to Dallas. That's more than what the company spent to move the three other executives combined.
•L.A.'s Quinn Emanuel Urquhart Oliver & Hedges LLP led local law firms in profits per partner last year, at $2.4 million, a 24 percent increase from 2005, according to the Business Journal's annual list of best-performing law firms. In second position was Latham & Watkins LLP, with $1.86 million.