Sector Update: Healthcare Shares Flat Pre-Market; Procter & Gamble up 1% on Q2 Results

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Top Healthcare Stocks:

JNJ: flat

PFE: +0.58%

ABT: flat

MRK: flat

AMGN: +0.44%

Healthcare shares are generally flat in pre-market trade. In major earnings news, Procter & Gamble ( PG ) shares are up 1.4% at $81.40 as it reports core earnings per share, which excludes non-core items, were $0.79, a decrease of 4% versus the prior year. Analysts had expected $0.77 per share. PG is up 1.4% at $81.40 in pre-market trade.

And, Teva Pharmaceutical Industries ( TEVA ) is down 1.16% at $39.24 in the pre-market session after it reported Q2 earnings of $1.20 per share, in line with the Capital IQ consensus estimate. Revenues of $4.92 billion, also matched forecasts of $2.94 billion.

In the same period last year, the company reported EPS of $1.28 on revenues of $4.99 billion. TEVA is down 1.2% at $39.24.

And in other healthcare stocks news, Vivus Inc. ( VVUS ) says it has entered into a Commercial Supply Agreement with Sanofi Chimie, a wholly owned subsidiary of Sanofi, to manufacture and supply the active pharmaceutical ingredient for avanafil on an exclusive basis in the United States and other territories and on a semi-exclusive basis in the European Union and Latin America. VVUS is up 2% in pre-market trade.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


This article appears in: Investing , Commodities

Referenced Stocks: PG , TEVA , VVUS

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