IBTimes Australia : Pfizer Topic

Pfizer takes its shot at a vaccine for evasive superbug

Thu, 23 May 2013 15:28:03 +1000

Kathrin Jansen is a microbiologist with at least two breakthrough vaccines to her name: she brought the cervical cancer vaccine Gardasil to market for Merck and helped develop the $4 billion a year pneumonia and meningitis vaccine Prevnar 13 for Pfizer.

Ireland says will not be U.S. 'whipping boy' on tax

Thu, 23 May 2013 06:07:02 +1000

Ireland's finance minister said the country would not be the "whipping boy" for what he called a flawed U.S. Senate report that said Irish loopholes helped technology giant Apple shrink its tax bill.

Wall Street declines as FOMC minutes raise concern over Fed tapering

Thu, 23 May 2013 05:21:03 +1000

Stocks fell on Wednesday with a selloff accelerating in late afternoon trade, after minutes from the latest U.S. Federal Reserve meeting showed some officials were open to tapering large-scale asset purchases as early as at the June meeting.

Wall Street rises as concern eases over Fed tapering

Thu, 23 May 2013 01:21:03 +1000

Stocks rose on Wednesday, giving up some gains after an initial rally, after Federal Reserve Chairman Ben Bernanke said the central bank needed to see further signs of traction in the economy before it tapered its economic stimulus efforts.

Wall St. opens higher ahead of Bernanke

Wed, 22 May 2013 23:49:02 +1000

Stocks edged higher at the open on Wednesday, ahead of highly anticipated testimony in Congress by Federal Reserve Chairman Ben Bernanke on the economy and monetary policy.

Wall St. to rise at open, Bernanke eyed

Wed, 22 May 2013 23:28:02 +1000

Stocks were set to rise at the open on Wednesday, ahead of highly anticipated testimony in Congress by Federal Reserve Chairman Ben Bernanke on the economy and monetary policy.

Pfizer to spin off Zoetis stake to shareholders

Wed, 22 May 2013 23:00:04 +1000

Pfizer Inc said on Wednesday it will spin off its majority stake in animal health business Zoetis Inc to shareholders by allowing them to swap Pfizer stock for Zoetis stock at a 7 percent discount.

Ireland feels the heat from Apple tax row

Wed, 22 May 2013 21:49:02 +1000

Ireland called on Wednesday for an international clampdown on multinationals shifting profits around the world to avoid tax, after criticism that Irish loopholes helped technology giant Apple to shrink its tax bill.

SAC's Martoma says U.S. impedes defense in fraud case

Wed, 22 May 2013 01:28:02 +1000

Former SAC Capital Advisors portfolio manager Mathew Martoma said the government is impeding his ability to defend against criminal insider trading charges by trying to link him to an alleged long-running conspiracy for which it has only "vague" details.

S&P 500, Nasdaq rise; market eyes third week of gains

Sat, 11 May 2013 05:21:02 +1000

The S&P 500 and Nasdaq rose modestly on Friday and indexes were on track for a third week of gains as an earnings-driven rally in Priceline's stock helped offset a slide in energy shares.

Wall Street little changed as commodity sector weighs

Sat, 11 May 2013 03:42:01 +1000

Stocks traded mostly flat on Friday as a sharp drop in commodity prices hit energy and materials shares, though the S&P 500 drew support from Priceline's earnings-related gain.

Analysis: Drugmakers face more scrutiny of discordant U.S. prices

Sat, 11 May 2013 01:28:02 +1000

The world's biggest drug makers have for years enjoyed rich premiums for their medicines in the U.S. market. Those days may be coming to an end.

Wall Street opens flat, but results lift Nasdaq

Sat, 11 May 2013 00:14:02 +1000

Stocks open little changed on Friday but remained on track for a third straight week of gains, while a pair of strong corporate earnings helped the Nasdaq register a small advance.

US Companies' Overseas Earnings Hit $1.9 Trillion

Thu, 09 May 2013 12:54:35 +1000

Large U.S. companies boosted their offshore earnings by 15 percent last year to a record $1.9 trillion, avoiding hefty tax bills by keeping the profits abroad, according to a new report.

U.S. companies' overseas earnings hit record $1.9 trillion: study

Thu, 09 May 2013 05:07:03 +1000

Large U.S. companies boosted their offshore earnings by 15 percent last year to a record $1.9 trillion, avoiding hefty tax bills by keeping the profits abroad, according to a new report.

Viagra Online: Pfizer to Sell Direct so Shy Men Can Beat the Fakers

Tue, 07 May 2013 22:57:10 +1000

Drug company Pfizer becomes first to sell medication to patients through its website.

Viagra Online Selling: Pfizer Launches Own Website

Tue, 07 May 2013 11:53:45 +1000

To combat fake online pharmacies selling Viagra, Pfizer launches its own website to sell directly to its customers

Wall St. flat as investors seek reasons to extend gains

Wed, 01 May 2013 04:49:02 +1000

Stocks were largely flat on Tuesday as investors found little reason to extend a recent rally that put the S&P 500 within a point of an all-time intraday high, though technology shares lifted the Nasdaq.

Wall St. edges up on data after initial losses

Wed, 01 May 2013 03:42:02 +1000

Stocks traded mostly higher on Tuesday, paring initial losses, as home prices and consumer data offset a decline in regional business activity.

Wall St. edges mostly up on data as dip brings in buyers

Wed, 01 May 2013 03:00:07 +1000

Stocks traded mostly higher on Tuesday, paring initial losses, as home prices and consumer data offset a decline in regional business activity.

Wall St. off on weaker-than-expected data, profit-taking

Wed, 01 May 2013 00:56:03 +1000

Stocks fell on Tuesday after a weaker-than-expected index of Midwest business activity, and investors booked profits from a rally that took the benchmark S&P 500 index to a record.

Wall Street set to open flat as investors await data, Fed

Tue, 30 Apr 2013 23:35:03 +1000

Wall Street was set for a flat open on Tuesday as investors awaited economic data and central bank meetings this week, looking for catalysts to push the benchmark S&P 500 index through 1,600.

Stock futures little changed as Wall Street set to pause after rally

Tue, 30 Apr 2013 22:35:03 +1000

Stock futures were little changed on Tuesday as investors awaited a batch of economic data for a confirmation that the recent rally that has taken the S&P 500 to an another record close is solid.

Stock futures flat as Wall Street set to take breather after rally

Tue, 30 Apr 2013 21:42:01 +1000

Stock futures were little changed on Tuesday as Wall Street was set to take a breather after extending its recent rally with the S&P 500 setting another record close.

Mideast unrest, cold weather hit Nestle sales growth

Thu, 18 Apr 2013 17:42:02 +1000

Nestle's underlying sales growth slowed to 4.3 percent in the first quarter, underperforming its rival Danone , as unrest disrupted business in the Middle East and chilly spring weather hit bottled water and ice-cream sales.

Nestle sales growth hit by Middle East events, cold weather

Thu, 18 Apr 2013 16:14:02 +1000

Nestle's underlying sales growth slowed to 4.3 percent in the first quarter, missing forecasts, as demand in emerging markets slowed further and chilly spring weather hit bottled water and ice-cream sales.

Wall Street gains for fourth day, but weak tech hurts Nasdaq

Fri, 12 Apr 2013 08:35:02 +1000

Stocks rose for a fourth straight day on Thursday, sending the Dow and the S&P 500 to new closing highs as positive data on the labor market and an encouraging retail outlook eased recent concerns about economic growth.

Wall Street rises for fourth day, but weak tech hits Nasdaq

Fri, 12 Apr 2013 06:42:02 +1000

Wall Street gains on jobless claims; Dow, S&P set records

Fri, 12 Apr 2013 03:35:02 +1000

Stocks rose on Thursday, with the Dow and the S&P 500 climbing to fresh all-time intraday highs after data showed jobless claims dropped more than expected.

SAC's Martoma switches lawyers in insider-trading case

Fri, 05 Apr 2013 07:28:02 +1100

Mathew Martoma, a former portfolio manager at hedge fund SAC Capital Management, has hired a new lawyer to defend him in his insider-trading case.