The consumer healthcare business generated $3.4bn of revenues previous year, with its Centrum vitamin and Advil ibuprofen brands two of ten biggest selling globally.
Pfizer's consumer-health business sells well-known brands like Advil pain medicine, Centrum vitamins and ChapStick lip balm and generated about $3.4 billion in revenue previous year.
That accounted for about 6% of the firm's total revenue. "A range of options will be considered, including a full or partial separation of the Consumer Healthcare business from Pfizer through a spin-off, sale or other transaction, and Pfizer may ultimately determine to retain the business", the company said.
Chairman and CEO Ian Read said Tuesday (10 October) that consumer health products are distinct enough from the company's main biopharmaceutical business that its value might be "more fully realized" outside the company. A final decision is expected in 2018.
He said all divisions of the company were subject to periodic review and a decision could depend on whether the USA moved forward with tax reform. Pfizer may also leave the business as is, with no sale.
US President Donald Trump is pushing for changes to the US tax code, including lowering the corporate rate from 35% to 20% and changing how overseas profits are taxed. Johnson & Johnson, the No. 2 company in the consumer-health market, had bought Pfizer's legacy consumer-health business in 2006 for $16.6 billion.
The suspect, who would put the hand over 3000 photos of her and the royal family , was later released for lack of evidence. In the coming months, Heads Together will tackle mental health issues in the military, the workplace and for young men.
Wells Fargo & Company reissued a hold rating on shares of Costco Wholesale Corporation in a research note on Thursday, August 3rd. Magellan Asset Management Ltd increased its stake in shares of Costco Wholesale Corporation by 13.9% in the first quarter.
The Korea Electric Power Corporation, a state-run energy company, was one of the few among the top tier that saw shares fall. The local currency was trading at 1,138.45 won against the USA dollar, up 6.95 won from the previous session's close.
Once a prominent Trump supporter , Corker in recent months has increasingly expressed concerns about Trump's presidency. Dent says more of his colleagues in Congress should speak out about their concerns over happenings in the White House.
Prayar Gopalakrishnan, president, Travancore Devaswom Board, said the joining memos for the selected priests had been issued. It was the first time six people from the scheduled caste community have been recommended for the appointment as priests.
According to the company, with Android Wear 2 .0, the smartwatches no longer need over-the-air updates to get new features. Googler Hoi Lam took to Google+ yesterday to share some new information about future updates to Android Wear 2.0.
Independent Portfolio Consultants Inc. lifted its position in shares of Humana by 22.1% during the 2nd quarter. Legal & General Group Plc increased its position in shares of Humana by 6.4% during the 1st quarter.
After $-0.21 actual EPS reported by Apache Corporation for the previous quarter, Wall Street now forecasts -109.52 % EPS growth. Finally, Gs Investments Inc. purchased a new position in Apache Corporation in the second quarter valued at about $149,000.
Return on Assets, which is expressed as a percentage, tells us how well a public company is using its assets to turn a profit. Penn Capital Management Co Inc bought 691,382 shares as the company's stock declined 14.07% while stock markets rallied.
Tesla, Inc . ( TSLA ) is intriguing when broken down to its core data. ( TSLA ) to generate earnings per share of $7.46 in 2017. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits.
The win is seen as a big boost for the BJP ahead of the crucial Assembly polls slated to be held later this year. It emerged as single largest party a majority of gram panchayats in Nashik and Ahmednagar districts as well.
Women stranded after surgery leaves them unrecognisable
Three Chinese women have been stranded in a South Korean airport after their plastic surgery has left them unrecognisable. . As a result of the surgery, they looked nothing like their passport pictures and were not allowed to fly home.
Genetic Test Would Lower the Risk Of Breast Cancer
Most people that see a pink ribbon or nearly anything pink this month will recognize it signifies breast cancer awareness. The Greenville Women's League is hosting its largest annual fundraiser, Bunco for Breast Cancer on October 19th.
Adrian Peterson traded to Arizona Cardinals
Adrian Peterson's stint with the New Orleans Saints has come to an end just five weeks into the National Football League season. It was definitely a new environment for Peterson, who is used to always being the No. 1 option in the backfield.
Half of the universe's missing matter has been found
However, two teams of astronomers have now released studies outlining how they may have found this previously unobserved matter. Using data from the Sloan Digital Sky Survey , each team chose pairs of galaxies supposedly connected by baryon strands.
WW Grainger, Inc. (NYSE:GWW) Experiences Light Trading Volume
Logan Cap Management Inc has invested 0.03% of its portfolio in W W Grainger Inc (NYSE:GWW). 1,397 were reported by Hm Payson. The stock of Dun & Bradstreet Corp (NYSE:DNB) earned "Underweight" rating by Barclays Capital on Friday, February 10.
Gunman's Girlfriend Says She Knew Nothing of His Plans
Addressing the U.S. $100,000 wired to her after her arrival, Danley said it was "for me to buy a house, for me and my family". Behind the Las Vegas shooting is last year's Orlando, Florida, nightclub shooting when 49 were killed at the Pulse Nightclub.
Buys 114382 Shares of JP Morgan Chase & Co (JPM)
Farmers Communication reported 102,146 shares. (NYSE: JPM ) for 111,616 shares. 22,430 are owned by Jane Street Group Inc Llc. Azimuth Cap Mngmt has invested 1.33% in JPMorgan Chase & Co. (NYSE: JPM ) to report earnings on October, 12 before the open.