On Tuesday, Shares of Pfizer Inc. (NYSE:PFE), lost -0.53% to $33.78.
On April 28, Pfizer, stated financial results for first-quarter 2015. The company manages its commercial operations through two distinct businesses: an Innovative Products business and an Established Products business. The Innovative Products business is composed of two operating segments: the Global Innovative Pharmaceutical segment (GIP) and the Global Vaccines, Oncology and Consumer Healthcare segment (VOC). The Established Products business comprises of the Global Established Pharmaceutical segment (GEP).
2015 FINANCIAL GUIDANCE
Pfizer’s 2015 financial guidance was updated solely to reflect changes in foreign exchange rates in relation to the U.S. dollar from mid-January 2015 to mid-April 2015, primarily the weakening of the euro.
Pfizer Inc., a biopharmaceutical company, discovers, develops, manufactures, and sells healthcare products worldwide. The company operates through Global Innovative Pharmaceutical (GIP); Global Vaccines, Oncology and Consumer Healthcare (VOC); and Global Established Pharmaceutical (GEP) segments. The GIP segment develops, registers, and commercializes medicines for various therapeutic areas, counting inflammation, cardiovascular/metabolic, neuroscience and pain, rare diseases, and women’s/men’s health. The VOC segment develops and commercializes vaccines, in addition to products for oncology.
Shares of CenturyLink, Inc. (NYSE:CTL), inclined 1.74% to $35, during its last trading session.
CenturyLink, stated solid results for first quarter 2015.
First Quarter 2015 Highlights
- Achieved core revenues of $4.06 billion in first quarter 2015; revenue from high-bandwidth data services offered to business customers, counting MPLS(3), Ethernet and Wavelength, grew more than 11% year-over-year.
- Generated free cash flow of $849 million, not taking into account special items and integration-related capital expenditures.
- Added more than 35,000 high-speed Internet customers during first quarter 2015, ending the period with about 6.12 million customers in service.
- Ended the quarter with more than 249,000 CenturyLink® PrismTM TV customers, an enhance of nearly 8,000 during first quarter 2015.
- Purchased and stepped down an additional 4.5 million shares of CenturyLink common stock for nearly $170 million during first quarter 2015.
CenturyLink, Inc. provides various communications services to residential, business, governmental, and wholesale customers in the United States. It operates through two segments, Business and Consumer. The company offers broadband services, which allow customers to connect to the Internet through their existing telephone lines or fiber-optic cables; private line services for transmission of large amounts of data between sites; and multi-protocol label switching, a data networking technology to support real-time voice and video.
At the end of Tuesday’s trade, Shares of Plug Power Inc. (NASDAQ:PLUG), gained 3.14% to $2.63.
Plug Power, on Monday stated a loss of $11.1 million in its first quarter, according to AP.
On a per-share basis, the Latham, New York-based company said it had a loss of 6 cents. Losses, adjusted for non-recurring gains, came to 7 cents per share.
The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 6 cents per share.
The alternative energy company posted revenue of $9.4 million in the period.
The company’s shares closed at $2.43. A year ago, they were trading at $3.72, AP reports.
Plug Power Inc., an alternative energy technology provider, engages in the design, development, manufacture, and commercialization of fuel cell systems for the industrial off-road markets worldwide. It focuses on proton exchange membrane (PEM) fuel cell and fuel processing technologies, and fuel cell/battery hybrid technologies.
Finally, Fifth Third Bancorp (NASDAQ:FITB), ended its last trade with -0.20% loss, and closed at $20.28.
Fifth Third Bancorp, will present at the 2015 Barclays Americas Select Franchise Conference on Tuesday, May 19, 2015 at about 7:45 AM BST / 2:45 AM EDT.
Tayfun Tuzun, executive vice president and chief financial officer will represent Fifth Third.
Fifth Third Bancorp operates as a diversified financial services company in the United States. It operates through four segments: Commercial Banking, Branch Banking, Consumer Lending, and Investment Advisors.
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