Worst Stock for 2008: Pfizer
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Pfizer is a good company, but a bad stock for 2008.
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Pfizer yesterday said new data showed the painkiller, Celebrex, more than doubled the risk of heart attacks, sending the US drugmaker&#39;s shares plunging.
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NEW YORK - Pfizer Inc  said on Thursday third-quarter earnings fell sharply due to a $2.8 billion charge to end its involvement with the poorly selling inhaled insulin drug Exubera.
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PfizerÂs stock fell almost 11 percent on Monday in a trading frenzy that shaved more than $21 billion off its market value.
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Sorry, technophiles. This stock still ain't cheap enough.
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More than $31bn (Â£16bn) was yesterday knocked off the value of Pfizer, the world&#39;s largest pharmaceutical company and maker of Viagra, after doubts surfaced over the safety of one of its key drugs.
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Last year's worst stock can turn out to be this year's gem. Don't laugh--this strategy has worked in the past.
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Investors in pharmaceuticals were dealt  a triple whammy on Friday as Pfizer Inc, AstraZeneca Plc and  Eli Lilly and Co all shocked the market with bad news about key  products.
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Investors in pharmaceuticals were dealt a triple whammy on Friday as Pfizer Inc, AstraZeneca Plc and Eli Lilly and Co all shocked the market with bad news about key products.
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The bureau has abandoned its custom-made internet surveillance technology. Also:  Intel lets their new chips fall where they may, for a profit & hellip;.  Despite fallbacks, Pfizer's revenue is still on the rise & hellip; and more.
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NEW YORK - Pfizer Inc.  said on Thursday  third-quarter earnings fell sharply, hurt by a $2.8 billion  charge to end its involvement with its poorly-selling Exubera  inhaled insulin drug.
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Here's one China-themed stock that's not doing so well.
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Investor's Business Daily - The market in January handed stock fund investors their worst month in years.
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Shares of Pfizer Inc., the world's largest drugmaker, sank Monday on news that the company had halted development of a key new cholesterol treatment that was heralded as its engine for future growth as the company struggles with stagnant sales.
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These five stocks blew the market away in 2007.
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U.S. stocks fell on Friday dragged  down by a string of negative reports from drug makers, with  Pfizer Inc. PFE.N, AstraZeneca Plc. AZN.L and Eli Lilly and  Co. LLY.N delivering bad news about key products.
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Pfizer (PFE:NYSE - news - research) was treading water Monday morning, hovering around its 52-week low amid reports that it plans to halt advertising of its embattled painkiller Celebrex.