4th Quarter 2012. Pfizer needs more expense charges to income to mask why it's not meeting core business street expectations and then announce it's buying another mid-size company to "bolt on" for growth.
The sell-offs of nutritional and Animal health, both of which are growing (branded pharmaceutical business is declining year-over-year) is a "spin sell" to put short-term lipstick on the real mid- to long-term systemic problems of Pfizer's old cultures, it's problematic organization, people and lack of innovation and management focus.