Pfizer Income Drops, Guidance Raises Concerns

Posted: April 20, 2007 at 6:02 am

Pfizer (PFE) did not have a very good quarter. Net income fell from $4.1 billion in the comparable quarter a year ago to $3.4 billion in the recent quarter.

The company confirmed that it is concerned about generics taking market share, But, the company kept is guidance unchanged.

Douglas A. McIntyre

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