Market News Comments

Pfizer (PFE)

Pfizer Inc. on Tuesday posted a higher third-quarter profit despite the recession, as sharp cost cuts made up for a dip in sales.
The maker of cholesterol fighter Lipitor, impotence treatment Viagra and smoking cessation drug Chantix slashed costs on everything from manufacturing and marketing to research and development to produce a profit of $2.88 billion. That was up 26 percent from $2.28 billion a year earlie

Oct 20 · 12:24:00 PM · Source: AP
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter

Enter your comment below and click Submit:

Copyright © 2010 MarketBeast.com.
All rights reserved.