ill try and answer, we been told all along for the past few years how many of their blockbuster drugs loosing there patent.. well i guess this is the answer… no revenue increases for forceable future,,, just a guess...
I don't think anyone on this board could answer that question, maybe you should of paid some attention to the downgrade giving yesterday...
it certainly looks good when it first came out , but i guess the experts read between lines and see something in further that doesn't look that good, I mean we went down quickly ...
They actually had a positive earnings report, the market is positive and they are negative!!! I don't get it!
The former PFE CEO elected by the Board of Directors was an attorney, a guy who sold chicken just prior to taking the PFE top spot (Jeff Kindler) now the idiot PFE Board has a bean counter leading the largest pharmaceutical company in the world. So no surprise PFE's incredibly inept drug research and development has been a pathetic joke the past decade, the laughingstock of the industry. What do Chicken Guys and Bean Counters do when they are in way over their heads, know nothing about developing profitable drugs? You overpay for other outfits drug portfolios! And that is exactly what PFE has done the past decade, coughing up over $200 billion to acquire other drug companies. Unfortunately even though PFE has paid over $200 billion to acquire the so-called strategic assets of others, PFE's market cap is only $186 billion today!!! So is anyone truly surprised PFE stock is down today after reporting another moribund qtr? MRK is up nicely on it's report! And it is all about their pipeline, drug portfolio.
Ya, WHY? The debt and the deficit did not just arrive one day, like mushrooms that just pop up one day after
some rain. The problem that the government faces is that all of that debt was created by Republicans. When Mr. Bush came into office in January 2001, there was no deficit at all, there was a 100 BUSD surplus, and the debt was a fraction of what it is today. Within in just a year or two the surplus vanished and the debt and deficit were skyrocketing. Mr. Bush and the Republican controlled congress had launched two wars but did not want to raise taxes to pay for them so they borrowed all of the money. Mr. Bush of course believed that the oil revenues from Iraq would pay for the cost of the war, which of course did no happen.
On top of all of this, Mr. Bush introduced the Medicare Part D prescription drug plan which cost billions of dollars (with an eye to buying some votes) but again refused to raise taxes to pay for this bill. Let us go a step further, on December 17, 2010, President Obama signed into law the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010, (H.R. 4853) a bill passed by the Republican controlled house that extended tax cuts to the wealthiest Americans while extending unemployment benefits to millions of Americans. It does not take a mathematical genius to realize that if benefits are extended and taxes cut, the deficit will be increased. So, explain how Obama is incompetent by presiding over the largest increase in the DJIA, S&P ever?
The deficit is the difference between expenditures and revenues. The debt is the sum of all the deficits, minus the surpluses, since the country began.
Debt owed to the public is a little less than $12 trillion. GDP in current dollars is about $16 trillion, so the national debt is about 75% of GDP. Even by the now discredited austerian standards, that’s a safe level of debt.
Do you know that APRU has already developed a cannabis chew. if you have been paying any attention to the markets you know that weed stocks are FLYING! with shares so cheap there is limited downside and limitless upside.
Disclosure: Long time Long on PFE and BMRN
For companies looking to bolster their pipeline and reduce costs, I do not see the logic in these mega deals everyone tosses around. Buy AZ, Buy BMS....a lot of dilution or a big drain on cash and, in all cases, a lot of redundancy to remove over time.
I would love to see PFE (or one of my other larger pharma holding) go after the mid size companies....grow the pipeline and capitalize on future growth. BMRN is one I hold but there are too many others to list that would fit the PFE model.
Just don't see why we are looking at megas when the mid size deals are here and the values are OK (not cheap, not expensive...OK).
He is an incompetent lair that is why his approval is only 29% now. Any questions libs?
With revenue and earnings plummeting more than 30% year over year why does nobody seem to be concerned? Celebrex goes off patent THIS YEAR and the fiddler plays as Rome burns.
Was that the same year that congress authorized invasion of Iraq based on identical "intelligence" gathering?
Is that the same intelligence gathering which has failed to identify the UKRAINE ARMY unit that shot down MH 17?
Is he trying to do it again in 2014?
He said " “We don't have time for a meeting of the Flat Earth Society,” Obama said
Actually, we have plenty of time. Sea Level increased but a few inches in the last 20 years. The Flat Earth Society held a meeting and said that they have observed some of the effects of excess carbon emissions and pollution.
Run, run, Elizabeth Warren, run, run, Elizabeth Warren...haven't you heard that sick song? The artist sounds like she's lying in a hospice.
Bite, me, Sally: You're right! The only way to rectify a $10 Trillion debt is to double it! Obama's certainly on his way to rectifying! Hope, change and rectification!