Whatever headwinds or tailwinds Pfizer sees, ought to roughly mirror those Merck sees. Within broad limits, both companies run roughly analogous hedging programs -- so we ought to get a sense from Pfizer, tomorrow, as to Merck's Friday release.
More tomorrow -- but on last Friday, the AP had it thus, for Pfizer:
. . . .Read likely will update investors on efforts to boost revenue and streamline Pfizer by shedding noncore businesses, including the pending $11.5 billion sale of its nutrition business to Nestle SA and the planned spinoff of the $4.2 billion-a-year animal health business. Last week, Pfizer disclosed plans to sell 86.1 million shares in the new company, Zoetis, for $22 to $25 each. . . .
See you in the morning.