Pfizer 1Q net up 10 percent on lower costs, taxes

FILE – In this file photo from Jan. 31, 2011, the Pfizer logo is displayed at the drug company’s world headquarters in New York. Pfizer Inc. said Tuesday, May 3, 2011 its first-quarter profit rose 10 percent, due to lower costs for production and research and a smaller tax bill. (AP Photo/Mark Lennihan, file)

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Drugmaker Pfizer Inc. said Tuesday its first-quarter profit rose 10 percent, despite flat revenue, due to lower

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