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The Closing Bell: U.S. Stocks Rise Along With Oil Prices And Pfizer Deal: Dow & S&P 500 + YTD
The deal involving Pfizer and Hospira is a huge one. Hospira used to be Abbott's hospital division manufacturing IV solutions and rubbings, injectables, and a whole lot more including medical devices. There are only a handful of companies that manufacture IV solutions and equipment.
Pfizer. What a dog. I inherited a pile of Monsanto, which became Pharmacia, which became Pfizer. All I saw---though there were dividends--- was a share price which liked to fall, very often, a lot of the time. So guess what I did? I cashed it out and put the money in MUTUAL FUNDS. And I started making money, investing.
Pfizer. What a dog. I inherited a pile of Monsanto, which became Pharmacia, which became Pfizer. All I saw---though there were dividends--- was a share price which liked to fall, very often, a lot of the time. So guess what I did? I cashed it out and put the money in MUTUAL FUNDS. And I started making money, investing.
It was not. As I recall, Pfizer acquired Pharmacia. Pharmacia was a mix of companies that included Searle. Searle was a subsidiary of Monsanto. Pfizer and Monsanto were never together.
@MFO Members: Have held PFE since 2006 that I purchaed @24 and some change. I'm up about 45% + dividend, and will continue to hold, I've had worse investments. Regards, Ted
Comments
It was not. As I recall, Pfizer acquired Pharmacia. Pharmacia was a mix of companies that included Searle. Searle was a subsidiary of Monsanto. Pfizer and Monsanto were never together.
Someone correct me if I am wrong.
Regards,
Ted
Pfizer Bio:
http://en.wikipedia.org/wiki/Pfizer