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Bruce Berkowitz Buys Pfizer Inc, UnitedHealth Group Inc., Forest Laboratories Inc., Herbalife Ltd., Sells GlaxoSmithKline plc, Health Net Inc.

While a lot of value investors got hurt with the recent downturn, Bruce Berkowitz did well by owning energy stocks and not owning financials. Now the "Ignore the Crowd" guru is reducing energy holdings and invest heavily into healthcare stocks. These are his buys and sells during the second quarter.

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Forest Labs' first-quarter profit falls on charge

NEW YORK (MarketWatch) -- Forest Laboratories Inc. said Tuesday that it earned $242.9 million, or 79 cents a share, in its first quarter, down from $268.2 million, or 83 cents a share, in the year-earlier period. The latest results included a charge of 8 cents a share, related to a terminated co-promotion agreement with Daiichi Sankyo. The New York pharmaceutical company said revenue...

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Forest Labs quarterly profit beats estimates

NEW YORK (Reuters) - Forest Laboratories Inc reported a 9 percent decline in quarterly profit on Tuesday on higher sales and administrative costs, but results were better than expected and the company forecast fiscal-year earnings ahead of analyst projections.

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Forest Labs quarterly profit beats estimates

NEW YORK (Reuters) - Forest Laboratories Inc reported a 9 percent decline in quarterly profit on Tuesday on higher sales and administrative costs, but results were better than expected and the company forecast fiscal-year earnings ahead of analyst projections.

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Antidepressants tied to gastrointestinal bleeding

... for gastrointestinal bleeding include a peptic ulcer or being elderly, he said.Some SSRIs include: Forest Laboratories Inc's Celexa (citalopram); GlaxoSmithKline's Paxil (paroxetine); Pfizer Inc's Zoloft (sertraline); and Prozac, introduced by Eli Lilly and Co in 1987 but now off patent and widely available generically as fluoxetine.De Abajo said he was involved...