Drug giant Bayer AG expects a cautious 2012. February 28, 2012- Bayer AG, the pharmaceutical and chemical conglomerate, announced on Tuesday it was cutting its forecast for sales and said it was cautious about 2012. This announcement came even as Bayer made a profit during the fourth quarter of 2011. The German based company reported a profit of $531.9 million compared to a loss of $193 million in the same quarter of 2010. Nevertheless, the company fell short of analyst’s estimates of $551 million....