On Wednesday, Shares of Pfizer Inc. (NYSE:PFE), lost -0.18% to $33.98, as health care stocks were narrowly mixed Wednesday, with the NYSE Health Care Sector Index falling about 0.1% and shares of health care companies in the S&P 500 rising about 0.1% as a group.
Pfizer Inc., declared that it broke ground for a $95 million consumer products production facility in Suzhou, China. The new site is near the company’s existing Suzhou site and will assist enhance production capacity to meet growing demand for Pfizer Consumer Healthcare’s brands in China and the Asia-Pacific region.
“Asia Pacific is a large and rapidly growing region for Pfizer Consumer Healthcare and our new plant in Suzhou will give us the production capacity we need to meet increasing demand for our brands, particularly in China,” said Andy Schmeltz, Regional President, Asia Pacific and Europe, Middle East and Africa, Pfizer Consumer Healthcare.
The new facility will primarily produce Caltrate® dietary supplements and Centrum® multivitamins, and in the future will support production of additional products. There are also plans to eventually house a research and development facility on the site to assist support innovation in the region.
The site design is predictable to achieve Leadership in Energy and Environmental Design (LEED) certifications, and will incorporate the most advanced technologies to minimize energy and water consumption.
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.
Shares of salesforce.com, inc. (NYSE:CRM), inclined 1.39% to $74.42, during its last trading session.
salesforce.com, unveiled the next generation of the Marketing Cloud, making any journey possible. With new enhancements to Journey Builder, companies now have one place to map and optimize journeys that span sales, service, marketing, custom apps and more. In addition, the next generation of Active Audiences allows marketers to seamlessly orchestrate ad targeting alongside digital marketing and across the digital advertising ecosystem with partners Facebook, LiveRamp, LiveIntent, Neustar, Twitter and Viant.
The ubiquity of smartphones, connected products, apps, wearable devices and digital communications creates trillions of customer interactions every day. The customer’s journey and every customer interaction, whether it’s engaging with a marketing campaign, speaking with a salesperson or getting a customer support case resolved, is an opportunity to build a relationship and define the brand. Because of this, companies are now competing on customer experience.
salesforce.com, inc. provides enterprise cloud computing solutions, with a focus on customer relationship administration to various businesses and industries worldwide. The company offers enterprise cloud computing apps and platform services, counting Sales Cloud for sales force automation, which enables companies to store data, access accurate customer and prospect information, track leads and progress, forecast opportunities, and collaborate around any sale on desktop and mobile devices.
Finally, Youku Tudou Inc. (NYSE:YOKU), ended its last trade with 4.85% gain, and closed at $29.64, as the Internet TV company joins other China-based companies as they get a boost from Qihoo 360 Technology’s (QIHU) go private offer.
A consortium led by the software maker’s CEO Hongyi Zhou, offered Qihoo $77 per ADS, or $9.01 billion, an offer which the company is presently evaluating.
A number of Chinese companies have gone private recently, or have received offers to go private as tech executives are betting on higher valuations in China, Reuters reports.
Youku Tudou Inc. operates as an Internet television company in the People’s Republic of China. Its Internet television platform enables users to search, view, and share video content across various devices. The company’s services for users comprise online video content library comprising primarily of professionally produced content, counting television serial dramas, movies, current event reports, variety shows, and music videos.
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