Robust US dollar weighs on Wyeth's earnings
30 April 2009
Christopher Spillane
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30 April 2009
Christopher Spillane
Wyeth's first-quarter earnings were flat at $1.2 billion as the US dollar and generic competition dampened results. Diluted EPS was flat at $0.89.
Like Pfizer, which agreed to acquire the firm for $68 billion in January, Wyeth faces a host of difficulties early into the next decade...
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