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Shares of Pfizer Inc. (NYSE: PFE) were up more than 1% this morning on news that the company bested third-quarter earnings expectations. The pharmaceutical giant reported per-share earnings of $0.42, beating analyst estimates by $0.03. The company cited growth in sales of its cancer treatments and cited increased demand in emerging markets. However, the company remained mum on any pending mergers or acquisitions. The company tried multiple times and failed to purchase its U.K. rival AstraZeneca Plc. (NYSE ADR: AZN).