USA/UK: STOCKS IN NEW YORK STAGE LATE-DAY REBOUND/ PFIZER-PHARMACIA AQUISITION LATEST.

Record ID: 966096

  • Title: USA/UK: STOCKS IN NEW YORK STAGE LATE-DAY REBOUND/ PFIZER-PHARMACIA AQUISITION LATEST.
  • Date: 17th July 2002
  • Summary: (U7) NEW YORK CITY, NEW YORK, USA (JULY 15, 2002) (NYSE - ACCESS ALL) 1. TV/PAN/GV/ZOOM IN: FLOOR OF THE NEW YORK STOCK EXCHANGE; CLOSING BELL ON THE NYSE 0.41 (U7) NEW YORK CITY, NEW YORK, USA (JULY 15, 2002) (REUTERS - ACCESS ALL) 2. MCU: (SOUNDBITE) (English) BRIAN FABRI, CHIEF ECONOMIST FOR BNP PARIBAS SAYING: "As it's affecting our confidence in our business leaders, I think European investors and Japanese investors must be thinking that the same thing must be common in their own backyards, and therefore while it hasn't been disclosed yet, maybe the scrutiny isn't as sharp as it is here, but never the less their likely to find the same kinds, or maybe slightly different, accounting tricks to have boosted up stock prices over the last 5 years or so there. So I think there is some contagion affect in terms of people's psychology." 1.14 (U7) NEW YORK CITY, NEW YORK, USA (JULY 15, 2002) (REUTERS - ACCESS ALL) 3. GV/TILT/CU/GV: VARIOUS OF PFIZER HEADQUARTERS (3 SHOTS) 1.28 (U7) UNIDENTIFIED LOCATION, USA (FILE) (PFIZER VNR) 4. MV/CU: VARIOUS OF PFIZER LABORATORY (6 SHOTS) 1.47 (U7) NEW YORK CITY, NEW YORK, USA (JULY 15, 2002) (REUTERS - ACCESS ALL) 5. MCU: (SOUNDBITE) (English) DAVID SHEDLARZ, EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER OF PFIZER INC. SAYING: "Well the capital markets have been very jittery, have been very emotional, but we needed to be sensitive to a fundamental opportunity to bring the two companies together at a time when we can take full advantage of our existing products, and advance to a greater extent the new products in the pipeline." 2.07 (U7) PEAPACK, NEW JERSEY, USA (FILE) (PHARMACIA VNR) 6. VARIOUS: PHARMACIA HEADQUARTERS; VARIOUS OF PHARMACIA LABORATORIES AND DRUG MANUFACTURING (8 SHOTS) 2.45 (U7) NEW YORK CITY, NEW YORK, USA (JULY 15, 2002) (REUTERS - ACCESS ALL) 7. MCU: (SOUNDBITE) (English) LARRY WACHTEL, CHIEF MARKET STRATEGIST FOR PRUDENTIAL FINANCIAL SAYING: "For Pfizer to take over another drug company is not that exciting. You know it's one weak company taking over another weak company, I guess you can call it that. And so I think that is what did not impress and it didn't reverberate throughout the markets." 3.03 (U7)NEW YORK CITY, NEW YORK, USA (JULY 15, 2002) (NASDAQ - ACCESS ALL) 8. GV/CU/PAN: NASDAQ MARKETSITE IN TIMES SQUARE; NASDAQ DISPLAY BOARD; CLOSING FIGURE; VARIOUS STOCK SCREENS AT 14:45 EDT; NASDAQ MARKETSITE BOARD (6 SHOTS) 4.03 (W8) LONDON, UNITED KINGDOM (JULY 15, 2002) (REUTERS - ACCESS ALL) 9. VARIOUS CUS: WEBSITE FOR FTSE SHOWING SETBACKS FOR THE DAY 5.41 Initials Script is copyright Reuters Limited. All rights reserved
  • Embargoed: 31st July 2002 13:00
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  • Location: NEW YORK CITY, NEW YORK / PEAPACK, NEW JERSEY, AND UNIDENTIFIED LOCATIONS, USA/LONDON, UNITED KINGDOM
  • City:
  • Country: USA
  • Reuters ID: LVA3YKT21U9KAH1OOLKHN340RMAP
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  • Copyright Holder: REUTERS - SOURCE TO BE VERIFIED
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