Thursday, 19 July 2007

Wyeth profit beats forecast, 2007 view raised

(Reuters) - NEW YORK, July 19 - Wyeth on Thursday reported higher-than-expected second-quarter earnings on strong sales growth of its prescription drugs, and it raised its profit forecast for the year.



The drug maker said it earned $1.2 billion, or 87 cents per share, up from $1.06 billion, or 78 cents per share, a year earlier.


Read more at Reuters.com Market News

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