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Pfizer CEO says share price does not reflect progress

SAN FRANCISCO (MarketWatch) — Pfizer’s Chairman and Chief Executive Jeffrey Kindler said Thursday that despite the progress made by the company, its stock has not yet priced in the results. “Operationally, in 2007, we took a series of significant actions to better position Pfizer to meet our challenges and to seize the many opportunities before us in the growing global marketplace for better healthcare,” Kindler said. “Of course, we are far from done - and our progress is not yet reflected in the share price,” he said at the company’s annual shareholder meeting. Shares of the pharmaceutical company were up 0.2% to $19.92 in morning trade.
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Original post by Forextvblog

This entry was posted on Thursday, April 24th, 2008 at 10:40 am and is filed under Daily Forex Analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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