Pfizer to pay record 2.3 billion in drug promotion case
Pfizer Inc will pay a 2.3 billion settlement including 1.2 billion criminal fine the largest in U S history for unlawful off label promotion of four prescription drugs notably Bextra. The deal also includes 105 million in criminal forfeiture and a guilty plea by Pfizer subsidiary Pharmacia and Upjohn to one felony misbranding count.
MENTIONED IN THIS ARTICLE
Washington, D.C
Pfizer Inc
Justice Department
Department
U.S
Pfizer
Bextra
Food and Drug Administration
Pharmacia and Upjohn Inc
EU ministers push global limits on banker bonuses
EU finance ministers urged the G20 to link top bankers bonuses to performance and curb an excessively risky culture. They want strict, uniform rules and action from the United States, citing Citigroup bonuses after big losses and ongoing capital support for banks.
MENTIONED IN THIS ARTICLE
Brussels
European Union
United States
Europe
Christine Lagarde
Citigroup Inc
Anders Borg
Sweden
Borg
Atlantic
Financial Stability Board
Postal Service narrows closures to four hundred thirteen facilities
The Postal Service trims the list of offices under review to 413 amid a $7 billion potential deficit this year. Faced with declining mail volume and Internet shifts, officials consider five day delivery and other savings while preserving as many outlets as possible.
MENTIONED IN THIS ARTICLE
Washington, D.C
John Potter
Schering-Plough loses tax refund in overseas profits ruling
A federal judge denied Schering-Plough a 473 million tax refund after ruling two 1991 1992 transactions were designed to avoid taxes on 690 million dollars of overseas profits. The company may appeal as repatriation taxes were assessed and Merrill Lynch advised on the swaps. Meanwhile the New York market fell for a fourth session amid weak job data and bank troubles fueling fears of a slow recovery.
MENTIONED IN THIS ARTICLE
Trenton
N.J
Schering-Plough Corp
U.S
Katherine S. Hayden
Newark
Schering- Plough
Justice Department
Merrill Lynch
Schering-Plough
Tors
Stock Exchange Highlights Market In Review
Market recap notes mixed activity as stocks edged higher and later fell amid unsettled trading. Analysts cite volatility in tech sectors and energy shares, with investors awaiting quarterly earnings and federal policy cues.
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Thomas Perelli
Meybohm
Meybohm.com
Tad Barber
Dean Newman
Congress
Post Office
U.S. Postal Service
Mike Peyton
East Grand Forks
Minn
New York
Pat Roberts
Prudential Woodside Realty
Pat
Aikense.com
Meee
Kat Percy
Richland Avenue - Aiken
Securityfederalbank.com
Securi Federal
Stock Exchange
the Market IN Review
CVO Dén
Rachanomar
Dow Jones
Naspaq
Ee NY
AintiGo
Phmb
VistaGoia Om
BP PLC NY
Nowabid
CBS
NA Pall G
Yamanag
NingtMg
AudCodes
Textron
TanzRy
Panas
Nye
Betr
Chevron NY
Pune
Ng Rosers
OR NY
Marne
Swnovac
MagyarBc
OTE NY
Fred Pim
Orleans
Kanone
Fred Pft
SL Ind
Dellinc Nash
Fred
ChinNutrin
Directv Cpih
Siteo
Fidae
Pscrudedl
Dirf Bear Rs NY
Pan
AlphaPro
LaBarg
Nexstar
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RELA
BlarFstore
Fred Pitt
DeertCap Rs
Srisurg
Etrade Nasd
Mest Aen Momae NY
Chg
Last
Cig
PwShs
FanneMae
Etrade
Fcuba Ee
BotAm
Intel
Fordm
FredMac
GoldStr G
Microsoft
FredMac H WY
SPOR
AintiGp
GenEsec NY
Rubicon G
Dirt Bear
NwGond G
Yahoo
GenElec
Snemats
Ishemats NY
Jpmorgch
Dow Jones Industrials
Lands
LityEli
Pscrudedl Amex
Init Prusns&p NY
ProfitFin NY
ProctGam NY
Pimaco TotRetis
Cpwidgdla
Scana NY
Fidelity Contra
NASA
Amencan
incAmerAm
WIL
SouthFnel Nash
invCoAmAm
EurPacGrAm
Synovus NY
OTIA
Textron NY
Ussteel NY
Newperspa m
UnvHirth NY
Fidelity Divinitt d
Viacomb Ny
Baia m
Bae
Vonager NY
FrinvAm
Pimco TotRetAdm
Wells
BondAm
Wendy
Frank Temp-Franklin Income Am CA
Vanguard Wellin
Yamanag NY
Fidelity GrowCo
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