Featured Article

Zoetis Pricing Spineometer: 5 of 5 Vertebrae

By Tim J. Smith, PhD September 2, 2026

Zoetis, a global leader in the animal health industry, had a positive FY 2026. Revenue rose 2.3% to $9.5 Y billion, and operating profits rose 5.4% to $3.8 billion over last year. A review of Zoetis’s 2 February 2026 earnings call and annual 10-K filing provided insight regarding the importance of pricing on performance. FACTS FROM EARNINGS CALL AND ANNUAL REPORT Wetteny Joseph, CFO, said of pricing, “Our pricing has always been…

In This Issue

Power Risks California Power Problems Caused by Dumb Regulation, Not Deregulation

By Tim J. Smith, PhD February 5, 2001

Recent news concerning power outages have been of dour amusement for this Chicagoan. Once again, a subset of people (read: the state)…

The Next Disruptive Technology – Distributed Generation

By Tim J. Smith, PhD September 25, 2000

Is Enron coming for lunch? Introduction The past three decades have offered ample evidence of the ability of disruptive technologies to create…

Industrial Non-Equilibrium Dynamics

By Tim J. Smith, PhD May 30, 2000

Economic transactions and industrial reorganizations are akin to the evolution of a complex system punctuated with periods of equilibrium and non-equilibrium dynamics.…

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