• About Us
  • Advertise
  • Privacy & Policy
  • Contact
  • Webmail
Home | Business Times Africa
Advertisement
  • Home
  • Business
    Anti-Money Laundering: EU clears Ghana

    Anti-Money Laundering: EU clears Ghana

    Dubai Chamber continues bolstering economic ties between UAE and Africa

    Dubai Chamber continues bolstering economic ties between UAE and Africa

    Pension funds share of equities market dips

    Pension funds share of equities market dips

    Pfizer Makes US$7.8 Billion In COVID Vaccine Sales

    Pfizer Makes US$7.8 Billion In COVID Vaccine Sales

    B&FT is Outstanding Newspaper of the Decade

    B&FT is Outstanding Newspaper of the Decade

    Investments in regulatory instruments key to bridging technology & policy gap – MTN Ghana CEO

    Investments in regulatory instruments key to bridging technology & policy gap – MTN Ghana CEO

  • Engineering
    Construction industry : Ghana ranked 7th in value, 6th in attractiveness – Report

    Construction industry : Ghana ranked 7th in value, 6th in attractiveness – Report

    Nigeria Approves Creation of $2.4 Billion Infrastructure Firm

    Nigeria Approves Creation of $2.4 Billion Infrastructure Firm

    Oil and Gas sector welcomes merger of South Africa’s iGas, PetroSA and Strategic Fuel Fund

    Oil and Gas sector welcomes merger of South Africa’s iGas, PetroSA and Strategic Fuel Fund

    Inaccurate solar production estimates impact all players in African power value chain

    Inaccurate solar production estimates impact all players in African power value chain

    Nigeria says no increase in pump prices after regulator sparks confusion

    Nigeria says no increase in pump prices after regulator sparks confusion

    Senegal already produces Gas: Investors should look Onshore

    Senegal already produces Gas: Investors should look Onshore

  • Bank & Finance
    Ghana To Become a Beneficiary Of a $41m Expansion Raised By YAP

    Ghana To Become a Beneficiary Of a $41m Expansion Raised By YAP

    Izwe Savings & Loans Earmark GHS150m for SMEs in Ghana

    Izwe Savings & Loans Earmark GHS150m for SMEs in Ghana

    StanChart committed to positioning Ghana as digital hub

    StanChart committed to positioning Ghana as digital hub

    Afreximbank and ITFC ratify US$250million finance facility to support Africa

    Afreximbank and ITFC ratify US$250million finance facility to support Africa

    Afreximbank launches US$6.5bn equity capital increase

    Afreximbank launches US$6.5bn equity capital increase

    Omnichannel banking best bet for multi-faceted/African markets – Backbase

    Omnichannel banking best bet for multi-faceted/African markets – Backbase

    Nigeria to partner with Bitt Inc to launch ‘eNaira’ digital currency

    Nigeria to partner with Bitt Inc to launch ‘eNaira’ digital currency

    AfDB President ‘optimistic’ about Africa’s post-COVID-19 recovery

    AfDB President ‘optimistic’ about Africa’s post-COVID-19 recovery

    Bitcoin, Dogecoin hit all-time highs driven by Elon Musk – but how to choose an exchange?

    Bitcoin price hits new record high, fuels fresh demands for regulation

  • Agriculture
    Benchmark policy puts 100,000 jobs at risk in rice industry – Ghanaian farmers warn

    Benchmark policy puts 100,000 jobs at risk in rice industry – Ghanaian farmers warn

    Why support Africa’s small farmers?

    Why support Africa’s small farmers?

    Why are global food prices rising, and what does it mean for emerging markets?

    Why are global food prices rising, and what does it mean for emerging markets?

    Heavy rains leave Ivory Coast cocoa farmers split on harvest outlook

    Heavy rains leave Ivory Coast cocoa farmers split on harvest outlook

    Fruit market to register compound annual growth rate of 5.3% by 2026

    Fruit market to register compound annual growth rate of 5.3% by 2026

  • Telecoms
  • World
    The President of Cote d’Ivoire Alassane Ouattara meets Eni’s CEO Claudio Descalzi

    The President of Cote d’Ivoire Alassane Ouattara meets Eni’s CEO Claudio Descalzi

    Ivory Coast begins Ebola vaccinations after case confirmed in Abidjan

    Ivory Coast begins Ebola vaccinations after case confirmed in Abidjan

    COVID Vaccine Protection Highly Likely To Wane Over Time – UK Advisers Say

    COVID Vaccine Protection Highly Likely To Wane Over Time – UK Advisers Say

    Biden prohibits U.S. investment in 59 Chinese companies allegedly tied to military, surveillance

    Biden prohibits U.S. investment in 59 Chinese companies allegedly tied to military, surveillance

    Global Leaders Call For Concrete Plans For Clean Energy For All By 2030 And Net-Zero Emissions By 2050

    Global Leaders Call For Concrete Plans For Clean Energy For All By 2030 And Net-Zero Emissions By 2050

No Result
View All Result
  • Home
  • Business
    Anti-Money Laundering: EU clears Ghana

    Anti-Money Laundering: EU clears Ghana

    Dubai Chamber continues bolstering economic ties between UAE and Africa

    Dubai Chamber continues bolstering economic ties between UAE and Africa

    Pension funds share of equities market dips

    Pension funds share of equities market dips

    Pfizer Makes US$7.8 Billion In COVID Vaccine Sales

    Pfizer Makes US$7.8 Billion In COVID Vaccine Sales

    B&FT is Outstanding Newspaper of the Decade

    B&FT is Outstanding Newspaper of the Decade

    Investments in regulatory instruments key to bridging technology & policy gap – MTN Ghana CEO

    Investments in regulatory instruments key to bridging technology & policy gap – MTN Ghana CEO

  • Engineering
    Construction industry : Ghana ranked 7th in value, 6th in attractiveness – Report

    Construction industry : Ghana ranked 7th in value, 6th in attractiveness – Report

    Nigeria Approves Creation of $2.4 Billion Infrastructure Firm

    Nigeria Approves Creation of $2.4 Billion Infrastructure Firm

    Oil and Gas sector welcomes merger of South Africa’s iGas, PetroSA and Strategic Fuel Fund

    Oil and Gas sector welcomes merger of South Africa’s iGas, PetroSA and Strategic Fuel Fund

    Inaccurate solar production estimates impact all players in African power value chain

    Inaccurate solar production estimates impact all players in African power value chain

    Nigeria says no increase in pump prices after regulator sparks confusion

    Nigeria says no increase in pump prices after regulator sparks confusion

    Senegal already produces Gas: Investors should look Onshore

    Senegal already produces Gas: Investors should look Onshore

  • Bank & Finance
    Ghana To Become a Beneficiary Of a $41m Expansion Raised By YAP

    Ghana To Become a Beneficiary Of a $41m Expansion Raised By YAP

    Izwe Savings & Loans Earmark GHS150m for SMEs in Ghana

    Izwe Savings & Loans Earmark GHS150m for SMEs in Ghana

    StanChart committed to positioning Ghana as digital hub

    StanChart committed to positioning Ghana as digital hub

    Afreximbank and ITFC ratify US$250million finance facility to support Africa

    Afreximbank and ITFC ratify US$250million finance facility to support Africa

    Afreximbank launches US$6.5bn equity capital increase

    Afreximbank launches US$6.5bn equity capital increase

    Omnichannel banking best bet for multi-faceted/African markets – Backbase

    Omnichannel banking best bet for multi-faceted/African markets – Backbase

    Nigeria to partner with Bitt Inc to launch ‘eNaira’ digital currency

    Nigeria to partner with Bitt Inc to launch ‘eNaira’ digital currency

    AfDB President ‘optimistic’ about Africa’s post-COVID-19 recovery

    AfDB President ‘optimistic’ about Africa’s post-COVID-19 recovery

    Bitcoin, Dogecoin hit all-time highs driven by Elon Musk – but how to choose an exchange?

    Bitcoin price hits new record high, fuels fresh demands for regulation

  • Agriculture
    Benchmark policy puts 100,000 jobs at risk in rice industry – Ghanaian farmers warn

    Benchmark policy puts 100,000 jobs at risk in rice industry – Ghanaian farmers warn

    Why support Africa’s small farmers?

    Why support Africa’s small farmers?

    Why are global food prices rising, and what does it mean for emerging markets?

    Why are global food prices rising, and what does it mean for emerging markets?

    Heavy rains leave Ivory Coast cocoa farmers split on harvest outlook

    Heavy rains leave Ivory Coast cocoa farmers split on harvest outlook

    Fruit market to register compound annual growth rate of 5.3% by 2026

    Fruit market to register compound annual growth rate of 5.3% by 2026

  • Telecoms
  • World
    The President of Cote d’Ivoire Alassane Ouattara meets Eni’s CEO Claudio Descalzi

    The President of Cote d’Ivoire Alassane Ouattara meets Eni’s CEO Claudio Descalzi

    Ivory Coast begins Ebola vaccinations after case confirmed in Abidjan

    Ivory Coast begins Ebola vaccinations after case confirmed in Abidjan

    COVID Vaccine Protection Highly Likely To Wane Over Time – UK Advisers Say

    COVID Vaccine Protection Highly Likely To Wane Over Time – UK Advisers Say

    Biden prohibits U.S. investment in 59 Chinese companies allegedly tied to military, surveillance

    Biden prohibits U.S. investment in 59 Chinese companies allegedly tied to military, surveillance

    Global Leaders Call For Concrete Plans For Clean Energy For All By 2030 And Net-Zero Emissions By 2050

    Global Leaders Call For Concrete Plans For Clean Energy For All By 2030 And Net-Zero Emissions By 2050

No Result
View All Result
Home | Business Times Africa
No Result
View All Result

Home » Pfizer Makes US$7.8 Billion In COVID Vaccine Sales

Pfizer Makes US$7.8 Billion In COVID Vaccine Sales

Pfizer Makes US$7.8 Billion In COVID Vaccine Sales

The Food and Drug Administration approved Pfizer (PFE) and BioNTech‘s (BNTX) Covid vaccine in late August, sending Pfizer stock into a profit-taking zone.

But the companies just began submitting data to the FDA in the hopes of securing full approval for their booster shot — and Pfizer stock fell. Still, the White House’s Covid task force has said it plans to allow booster shots for recipients of the Pfizer/BioNTech and Moderna (MRNA) vaccines to begin Sept. 20. The third shot will follow eight months after the second.

RelatedPosts

Canadian Independent College (CIC) Summer Camp

Ghana To Become a Beneficiary Of a $41m Expansion Raised By YAP

Canadian Independent College holds 16th Graduation Ceremony

Meanwhile, the FDA says it’s still collecting data from Johnson & Johnson (JNJ) to determine whether recipients of that one-dose shot will need a booster dose.

On the same day Pfizer won full approval for its BioNTech-partnered Covid shot — now known as Comirnaty — the company said it would buy biotech Trillium Therapeutics (TRIL) for $2.26 billion. Trillium is working on immuno-oncology treatments.

Pfizer also recently topped second-quarter expectations and boosted its full-year outlook.

So, all in all, is Pfizer stock a buy?

Pfizer Stock Fundamentals: Earnings Strong
In the second quarter, adjusted Pfizer earnings were $1.07 per share, soaring 73% year over year. Sales rocketed 92% to $18.98 billion. Both measures beat forecasts.

The company’s Covid vaccine brought in $7.8 billion in sales.

Revenue from blood thinner Eliquis, breast cancer drug Ibrance and pneumonia vaccine each beat second-quarter expectations. Less bullishly for Pfizer stock, sales of inflammation drug Xeljanz declined due to ongoing safety concerns.

On a segment basis, sales of rare disease treatments posted the best growth — rising 32%. Sales of drugs called Vyndaqel/Vyndamax soared 81% to $501 million.

Overall, total second-quarter growth lined up with CAN SLIM rules for investing. Investors are encouraged to seek stocks with 20%-25% recent sales and earnings growth.

Big institutional investors — who account for up to 70% of all market trades — usually look for stocks with accelerating earnings and sales growth.

That trend is expected to continue in the third quarter. Analysts polled by FactSet call for adjusted income of $1.08 a share and $22.52 billion in sales, up a respective 50% and 86%.

(Source: Yahoo)

 

ShareTweetShare
Previous Post

Omnichannel banking best bet for multi-faceted/African markets – Backbase

Next Post

Ghana is a no-go area for AML/CFT – Ayorkor Botchwey

Next Post
Ghana is a no-go area for AML/CFT – Ayorkor Botchwey

Ghana is a no-go area for AML/CFT – Ayorkor Botchwey

Read Latest Edition

Subscribe Now

  • Trending
  • Comments
  • Latest
B&FT is Outstanding Newspaper of the Decade

B&FT is Outstanding Newspaper of the Decade

September 6, 2021
Fruit market to register compound annual growth rate of 5.3% by 2026

Fruit market to register compound annual growth rate of 5.3% by 2026

September 6, 2021
10 Facts About Largest Aircraft In The World That Landed At Kotoka Int. Airport

10 Facts About Largest Aircraft In The World That Landed At Kotoka Int. Airport

August 24, 2021
Omnichannel banking best bet for multi-faceted/African markets – Backbase

Omnichannel banking best bet for multi-faceted/African markets – Backbase

September 7, 2021
Absa Bank MD named one of Africa’s most influential female leaders

Absa Bank MD named one of Africa’s most influential female leaders

0
Africa-wide adoption of digitisation crucial to AfCFTA’s success – Expert

Africa-wide adoption of digitisation crucial to AfCFTA’s success – Expert

0
Fight Against Financial Crime: Africa Must Build Robust Financial Systems – President Akufo-Addo

Fight Against Financial Crime: Africa Must Build Robust Financial Systems – President Akufo-Addo

0
Investments in regulatory instruments key to bridging technology & policy gap – MTN Ghana CEO

Investments in regulatory instruments key to bridging technology & policy gap – MTN Ghana CEO

0
Canadian Independent College (CIC) Summer Camp

Canadian Independent College (CIC) Summer Camp

August 12, 2022
Ghana To Become a Beneficiary Of a $41m Expansion Raised By YAP

Ghana To Become a Beneficiary Of a $41m Expansion Raised By YAP

July 21, 2022
Canadian Independent College holds 16th Graduation Ceremony

Canadian Independent College holds 16th Graduation Ceremony

July 12, 2022
appsNmobile Solutions commissions corporate headquarters

appsNmobile Solutions commissions corporate headquarters

June 2, 2022

Recent News

Canadian Independent College (CIC) Summer Camp

Canadian Independent College (CIC) Summer Camp

August 12, 2022
Ghana To Become a Beneficiary Of a $41m Expansion Raised By YAP

Ghana To Become a Beneficiary Of a $41m Expansion Raised By YAP

July 21, 2022
Canadian Independent College holds 16th Graduation Ceremony

Canadian Independent College holds 16th Graduation Ceremony

July 12, 2022
appsNmobile Solutions commissions corporate headquarters

appsNmobile Solutions commissions corporate headquarters

June 2, 2022
  • About Us
  • Advertise
  • Privacy & Policy
  • Contact
  • Webmail

© 2021-Business Times Africa. All Rights Reserved.

No Result
View All Result

© 2021-Business Times Africa. All Rights Reserved.