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Article: WARNER-LAMBERT EXPECTS 6%-8% EPS GROWTH FOR 1995
- Article from:
- PR Newswire
- Article date:
- April 13, 1995
CopyrightCOPYRIGHT 1995 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, April 13 /PRNewswire/ -- Warner-Lambert (NYSE: WLA) Company Chairman and CEO Melvin R. Goodes today said, based on current planning assumptions, the company expects 1995 earnings to grow 6% to 8% on a high single-digit sales gain. Goodes said, "During this year and next, we plan to invest in the revitalization of our core businesses. We will do this through organic growth and through selected sales of products, non-strategic businesses, and undervalued and non-productive assets. These asset sales will help generate an earnings stream in 1995-96 that will allow us to invest more heavily in our core businesses and spend more heavily behind our Phase III compounds ...
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