PFE – Pfizer is setting a nice pace on better than expected earnings

Pfizer, Inc.

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Pfizer moved nicely upwards on better than expected earnings.

Pfizer second-quarter earnings at 48 cents a share, (41 cents after costs regarding the Wyeth acquisition).  These numbers  did better than market estimates, but only by a small margin.

The Pharmaceutical Company stated their 2009 revenue is expected to hit the range of $45 billion and $46 billion, which are nice numbers and the market seems to respect that.  Previous ranges, while certainly not lame, were $44 billion to $46 billion.

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