CORPORATIONS: Penicillin Grows in Brooklyn

Brooklyn's Charles Pfizer & Co., Inc., the world's largest producer of penicillin, made news on Wall Street last week. In one day, Pfizer stock jumped six points, to 79. This was phenomenal for a stock selling at 35 five months ago. But not for Pfizer. Fortnight ago demand was so heavy for Pfizer stock at the market's opening that no price could be set. When it finally opened, it was up six points over the previous day's close. Reason: Pfizer issued a quarterly report that net income, $553,352 in the first quarter of...

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