Pfizer beats profit forecast; shares jump
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Pfizer Inc , the world's biggest drug maker, on Wednesday reported fourth-quarter results that beat expectations, sending its shares higher in premarket trading.
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Pfizer Inc. (PFE.N: Quote, Profile, Research) , the world&#39;s biggest drugmaker, on Wednesday said third-quarter earnings rose on higher sales of key medicines and favorable foreign exchange factors.
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Genentech Inc. DNA.N on Wednesday  posted a 50 percent rise in quarterly profit and raised its  full-year earnings forecast on strong sales of its new colon  cancer drug, sending its shares higher in after-hours trading.
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Stocks were little changed on Friday,  recovering after a sharp early drop on news from Pfizer Inc.  PFE.N that patients in a study showed an increased risk of  heart attacks after taking its popular Celebrex drug.
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Eli Lilly posted better-than-expected second-quarter earnings, helped by surging sales of its prescription drugs, and the company raised its 2007 profit forecast.
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Walgreen Co. (WAG.N: Quote, Profile, Research) , the top US drugstore chain, on Monday said quarterly profit rose 18.1 percent due to rising prescription demand and strong sales from its
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Johnson & Johnson posted a 9 percent increase in second-quarter profit yesterday, as the acquisition of Pfizerâs consumer health products line offset a continuing decline in sales of its stents and a top drug.
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Procter & Gamble Co. PG.N on  Wednesday said quarterly profit rose 14 percent, boosted by  strong sales and a gain from the recent sale of its juice  business.
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Pfizer Inc.&#39;s shares continued to rebound Wednesday, gaining 4 percent during the day&#39;s trading, as industry analysts continued to sort out the most recent studies involving its Celebrex drug.
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Merck & Co  reported a better-than-expected profit on Monday, helped by sales of its vaccines and cholesterol drugs, and raised its 2007 profit forecast.
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Pfizer Inc , the world's  biggest drug maker, on Wednesday reported fourth-quarter  results that beat expectations, sending its shares higher in  premarket trading.
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Stocks rose at the open on Monday, boosted by takeover news and stronger-than-expected earnings in the pharmaceutical sector.
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UnitedHealth Group Inc. on Thursday  said quarterly profit jumped nearly 46 percent as medical costs  stabilized, and the No. 2 health insurer also boosted its 2005  forecast.
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Stocks headed for a higher open on Monday as takeover news and stronger-than-expected profits in the pharmaceutical sector eased anxiety about earnings, which led to Friday's sell-off.
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Pfizer Inc , the world's biggest drugmaker, on Wednesday reported fourth-quarter results that beat expectations.
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Stocks rose on Monday as stronger-than-expected profits in the pharmaceutical sector and news of a takeover in the oil services industry fueled a rebound from Friday's sell-off.
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Biotechnology firm Genentech Inc. said Wednesday that its third-quarter profit topped Wall Street expectations on a sharp rise in drug sales, and raised its yearly forecast to meet current targets.