Pfizer Inc.'s (JOBS) 2Q Profit Plunges 19 Percent On Wyeth Acquisition Charges

TRENTON, N.J. (AP) -- Drug giant Pfizer Inc. on Wednesday said its second-quarter profit plunged 19 percent, as the strong dollar pulled down revenue, and higher taxes and costs for its pending purchase of rival Wyeth hurt the bottom line. Still, Pfizer raised its 2009 profit forecast slightly.

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