Stocks in the News: Pfizer, Kraft, Cadbury, Hershey


The following is a round-up of news likely to affect stock prices today:

Pfizer (PFE) has struck an agreement with India's Strides Arcolab to greatly expand the number of off-patent generic drugs the U.S. drug maker has in its portfolio. Terms of the deal weren't disclosed. The pact is expected to deliver 40 off-patent injectable and oral products, most of which treat cancer, to health care providers and patients in the U.S., the companies said in a statement. Pfizer expects the first drugs to arrive sometime this year.