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Tuesday, April 30, 2013

Strong pet product sales help Zoetis top estimates, (NYSE: PFE), (NYSE: TRI), (TSE: TRI.TO), (NYSE: ZTS)

Zoetis Inc, formerly the animal health subsidiary of U.S. pharmaceuticals giant Pfizer Inc , posted a stronger-than-expected quarterly profit, driven by growth in sales of pet products in the United States.The company, which sells drugs and healthcare products for livestock and pets, forecast 2013 adjusted earnings of $1.36 to $1.42 per share, largely in line with the average analyst estimate of $1.38.Net income for the first quarter rose 26 percent to $140 million, or 28 cents per share, from $111 million, or 22 cents per share, a year earlier.Excluding items, earnings were 36 cents per share. Analysts expected 33 cents, according to Thomson Reuters I/B/E/S.

Pfizer Inc. (Pfizer) is a research-based, global biopharmaceutical company. Shares of PFE remained unchanged at $30.43. In the past year, the shares have traded as low as $21.40 and as high as $31.15. On average, 31709000 shares of PFE exchange hands on a given day and today's volume is recorded at 165230.

Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI remained unchanged at $33.72. In the past year, the shares have traded as low as $26.20 and as high as $33.74. On average, 1097690 shares of TRI exchange hands on a given day and today's volume is recorded at 0.

Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.95% or $0.32/share to $34.10. In the past year, the shares have traded as low as $26.65 and as high as $34.12. On average, 1201120 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 0.

Zoetis Inc, is engaged in the discovery, development, manufacture and commercialization of animal health medicines and vaccines, with a focus on both livestock and companion animals. Shares of ZTS remained unchanged at $32.66. In the past year, the shares have traded as low as $30.42 and as high as $35.42. On average, 3148740 shares of ZTS exchange hands on a given day and today's volume is recorded at 0.



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