Pfizer Sees Viagra Patents Expiring This Weekend and 2 Other Hot Stocks to Watch

Pfizer (NYSE:PFE): Current price $28.96

With Pfizer’s patents on Viagra expiring this weekend in the United States and several European countries, the Israeli drug maker Teva Pharmaceutical Industries (NYSE:TEVA) will “soon” start selling a generic version of the drug in the United Kingdom and other European countries, according to the newspaper Globes citing unnamed sources. It is expected that Teva will sell Viagra for one pound per pill in the U.K., considerably down from the current price of 10 pounds, said Globes.

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Oracle Corporation (NASDAQ:ORCL): Current price $30.39

Shares are down almost 8 percent in mid-morning trading on Friday, as investors soak in the company’s fiscal fourth-quarter sales figures. Late on Thursday, Oracle reported that it earned 87 cents a share, excluding one-time items, on revenue of $11 billion for the quarter ended May 31. Earnings met Wall Street analysts’ consensus, but its sales were just shy of the target of $11.12 billion, and also were essentially flat with the $10.9 billion it posted in the same period in 2012.

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Sirius XM Radio (NASDAQ:SIRI): Current price $3.08

It’s time for strawberries and cream in London again, as Sirius XM announced that it will offer subscribers comprehensive live coverage of The Championships at Wimbledon for 2013, from the opening day on Monday, through the Ladies’ and Gentlemen’s Singles Finals on Saturday, July 6, and Sunday, July 7. All told, Sirius will offer up to 13 hours of live Wimbledon coverage per day giving subscribers access to point-by-point action of matches on both Centre Court and the outer courts, along with pre- and post-match commentary, highlights, and up-to-the-moment tournament tidings.

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