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Essay text:
Wyeth competes in the healthcare sector under the major drugs industry and participates in the S & P 500 and NYSE. Wyeth's ticker symbol is WYE. Its leading competitors include Johnson & Johnson (JNJ), Bristol Myers Squibb (BMY), Merck & Co. (MRK), and Pfizer (PFE). Wyeth's current market capitalization is approximately $52.4 billion and it trades about 5.13 million shares daily. For the fiscal 2004 year, net sales rose 10% to $17.36 billion. Net income decreased 40% to $1.23 billion which was offset by litigation charges with their diet drug, Fen-phen, which has been linked to potentially fatal heart conditions...
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Common topics in this essay:
- Andrew Wyeth
- An Overview of the Canadian Financial-Services Sector: Banking Industry
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- Recent activities in the Biotechnology Industry Sector
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- About Wyeth
- Drugs: A Major Problem In Canadian Society
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