PFIZER

Pfizer profit beats forecasts

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Pfizer Inc reported a better-than-expected first-quarter profit on Tuesday, as cost-cutting helped offset sharply lower sales of its Lipitor cholesterol fighter and its Chantix smoking-cessation drug.

Pfizer profit beats forecast

IBTimes Logo
Pfizer Inc reported a better-than-expected first-quarter profit on Tuesday, as cost-cutting helped offset sharply lower sales of its Lipitor cholesterol fighter and its Chantix smoking-cessation drug.
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Stocks drop on banks, big pharma

Stocks fell on Thursday due to profit-taking in financials, a drag from the health-care sector and a bearish broker comment on 3M Co. Investors were also unsettled the the Federal Reserve's move to inject $1 trillion into the financial system could stir inflation in the long term.
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Pfizer may sell units to clear Wyeth deal: report

Pfizer Inc may have to shed some of its animal-health business so that it can gain antitrust clearance for its planned purchase of Wyeth , the Wall Street Journal cited a Pfizer executive as saying on Wednesday.
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Pfizer drug works on rare pancreatic cancer-study

A study of Pfizer Inc's Sutent was halted early after the medicine delayed progression of a rare form of pancreatic cancer affecting tens of thousands of people globally, including Apple Inc CEO Steve Jobs.
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Wall St. slips as drug M&A overshadows banks

U.S. stocks fell in choppy trade and the Nasdaq slid to a fresh 6 and 1/2-year low on Monday as shares of the biggest drugmakers fell after Merck's proposed a $41 billion takeover of Schering-Plough .
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Wall St slips as drug M&A overshadows banks

U.S. stocks fell in choppy trade and the Nasdaq slid to a fresh 6 and 1/2-year low on Monday as shares of the biggest drugmakers fell after Merck's proposed a $41 billion takeover of Schering-Plough .
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Wall St. slips; drug deal news eclipses banks

U.S. stocks fell in choppy trade and the Nasdaq slid to a fresh 6 and 1/2-year low on Monday as shares of the biggest drugmakers fell after Merck's proposed a $41 billion takeover of Schering-Plough .
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Wall Street slips as drug deal news offsets banks

Stocks fell in choppy trade on Monday as gains in the energy and banking sectors were more than offset by a drop in pharmaceuticals after Merck's proposed $41 billion takeover of Schering-Plough .
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Dow and S&P up but drugs weigh

The Dow industrials and the S&P rose modestly while the Nasdaq dipped in choppy trade on Monday as gains by the energy and banking sectors were offset by a drop in pharmaceuticals after Merck's proposed $41 billion takeover of Schering-Plough .
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Dow and S&P up as energy and bank gains offset by drugs

The Dow industrials and the S&P rose modestly while the Nasdaq dipped in choppy trade on Monday as gains by the energy and banking sectors were offset by a drop in pharmaceuticals after Merck's proposed $41 billion takeover of Schering-Plough .
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RESEARCH ALERT-Goldman reinstates Pfizer at buy

Goldman Sachs reinstated coverage of Pfizer Inc with a buy rating and added the stock to the conviction buy list, saying the world's biggest drugmaker was severely undervalued after its proposed acquisition of smaller rival Wyeth.
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Pfizer, Wyeth announce biggest U.S. merger in three years

Pharmaceuticals giant Pfizer Inc will acquire Wyeth in a $68 billion cash and stock deal -- the biggest U.S. merger in three years -- to create a diverse health products company which executives hope will deliver stable growth to investors, the companies said on Monday.
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Pfizer and Wyeth near merger: Reports

Drugmakers Pfizer and Wyeth are close to sealing a deal worth $68 billion in a cash-and-stock deal that could be announced before the markets open Monday, according to reports.
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Pfizer in talks to acquire Wyeth, potential $60B deal: report

Pfizer Inc. is in talks to buy Wyeth in a deal potentially worth more than $60 billion, according to a report. The companies have held discussions for several months but the deal wasn't imminent. Talks are specially fragile and could collapse due to the volatility in the market and the uncertainty in the economy.

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