Latest Pfizer Inc News

Asian shares retreat on poor Japan trade data, China news

Nov. 19, 2019 10:34 PM EST

BEIJING (AP) — Shares retreated in Asia on Wednesday after Japan reported its worst monthly decline in exports in three years, putting pressure on the economy as growth slows following a sales tax hike. Adding to regional jitters, the U.S. Senate passed a resolution overnight to support human rights in...

Asian shares mostly lower following Wall Street losses

Oct. 30, 2019 1:29 AM EDT

BANGKOK (AP) — Shares fell in Asia on Wednesday after weak earnings for technology and media companies led stocks lower on Wall Street. The modest pullback came a day after the S&P 500 hit an all-time high. Reports that China and the U.S. may not reach a trade agreement in time to sign a deal next...

Pfizer narrows its focus and profit soars in 3Q

Oct. 29, 2019 2:01 PM EDT

Pfizer's third-quarter profit nearly doubled after it booked an $8.1 billion gain on paper by creating a consumer health products joint venture, a key part of the drugmaker's plan to slim down and focus on innovative medicines. Those include blockbusters like blood thinner Eliquis, breast cancer drug Ibrance and...

Asian shares mixed after S&P 500 hits all-time high

Oct. 29, 2019 12:13 AM EDT

BANGKOK (AP) — Shares were mixed in Asia and Chinese benchmarks fell Tuesday after the S&P 500 index closed at an all-time high. The rally Monday came at the beginning of a busy week of corporate earnings and economic reports and with investors expecting another interest rate cut by the Federal...

Stocks post gains on solid earnings, US-China trade optimism

Oct. 25, 2019 5:51 PM EDT

The S&P 500 closed just short of an all-time high Friday as investors welcomed solid company earnings reports and an encouraging update on trade talks between the U.S. and China. Technology, communications services and financial stocks powered the rally. The index ended within 0.1% of its record set July 26....

Global markets mixed as investors eye US jobs data

Oct. 4, 2019 7:40 AM EDT

BEIJING (AP) — World shares were mixed Friday as investors turn their attention to the monthly U.S. jobs report after a series of gloomy economic news dampened investors’ outlook this week. London and Frankfurt opened higher and Tokyo rose, while Hong Kong declined. Chinese markets were closed for a...

Asia stocks mixed after Wall Street rebound

Oct. 3, 2019 11:50 PM EDT

BEIJING (AP) — Asian stocks were mixed Friday after Wall Street rebounded on investor hopes for a U.S. interest rate cut. Tokyo and Hong Kong declined while Sydney gained and Seoul was unchanged. U.S. stocks pulled out of a two-day skid sparked by unexpectedly weak manufacturing and hiring data. Markets...