Pfizer first-quarter sales disappoint, generics drag results

(Reuters) - Pfizer Inc , the biggest U.S. drugmaker, on Monday reported revenues well below Wall Street expectations, hurt by falling sales of generic medicines it calls established pharmaceuticals. Pfizer, which is trying to take over Britain's AstraZeneca Plc , earned $2.33 billion, or 36 cents per share, in the first quarter ended March 31. That compared with $2.75 billion, or 38 cents, in the year-earlier period, when the company reported gains from the transfer of product rights. Excluding special items, Pfizer earned 57 cents per share. ...

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