Activist investor Starboard Value has taken a stake of about $1 billion in Pfizer and wants the U.S. drug giant to make ...
Starboard Value reportedly has taken a roughly $1 billion stake in Pfizer, as the activist investor seeks to turn the ...
Citing people familiar with the matter, The Journal reported that Starboard approached former Pfizer CEO Ian Read and CFO ...
Pfizer shares have gained ground since a report over the weekend said that activist investor Starboard Value has taken a roughly $1 billion stake in the drug maker and is pushing for changes. Monitor ...
U.S. sales of RSV vaccines from GSK and Pfizer are down significantly after regulators narrowed the targeted age group and ...
Activist investor Starboard Value has invested approximately $1 billion in Pfizer Inc. This strategic move occurs as the pharmaceutical giant grapples with a downturn in demand for its COVID-19 ...
This has led to a drop in earnings and share performance, as the company overestimated future pandemic-related demand, the report said. Additionally, Pfizer has faced criticism for a lack of ...
However, Pfizer's payout ratio of 436% raises significant concerns about sustainability. Is Pfizer's high dividend worth the risk? Let's dig deeper to find out. Pfizer is a global pharmaceutical ...
The Wall Street Journal earlier reported news of Starboard's stake. A Pfizer spokesperson declined to comment on "speculation and rumor." — CNBC's Angelica Peebles contributed to this report.
Pfizer slashed its production targets for its COVID-19 vaccine because of a lack of raw materials for its supply chain, according to press reports. The big pharma has said in recent weeks that it ...
This recovery should alleviate concerns about dividend sustainability and provide the financial flexibility needed for strategic investments. From a valuation perspective, Pfizer's stock is highly ...
Pfizer's 5.7% dividend yield, while attractive, raises significant sustainability concerns. The company's payout ratio has skyrocketed to 436%, far exceeding the 75% threshold that typically ...