Stocks and Finance

Merck

Merck 10/6/2011

12:32 : Merck Chairman Clark to step down in December - SAN FRANCISCO (MarketWatch) -- Merck's chairman and former CEO Richard Clark will retire from Merck on Dec. 1, the global healthcare company announced Thursday. Current CEO Kenneth Frazier will assume the additional role ...
Source : marketwatch-com
11:45 : Merck says Clark will retire as chairman Dec. 1 - NEW YORK (AP) -- Merck said Thursday that Chairman and former CEO Richard Clark will retire from the company Dec. 1, after nearly 40 years at the drugmaker....
Source : usnews-com

Merck 9/30/2011

12:24 : One-on-one with former Merck strategy chief Merv Turner on the BioExec ... - It’s pretty clear from its name — the BioExec Institute — that the University of California, Berkeley, program is for biotech industry executives. The program of three two-day modules — Oct. 5-6, Nov. 2-3 and Dec. 7-8 — aims to connect vice president-level ...
Source : bizjournals-com
09:44 : Merck (MRK) stands as the biggest gainer in the Dow, up 1.2%, after strate - Merck (MRK) stands as the biggest gainer in the Dow, up 1.2%, after strategically freeing itself up to offer more over-the-counter drugs by selling its interest in a joint venture with Johnson & Johnson (JNJ +0.2%). ...
Source : seekingalpha-com

Merck 9/29/2011

05:54 : Stocks to Watch: Stocks to watch Thursday: AMD, Merck, Titan - Standouts among the early corporate headlines are AMD’s reduced forecast for sales growth as well as Merck’s exit from an OTC joint venture and Titan International’s growing optimism over the financial outlook for 2011.
Source : marketwatch-com

Merck 9/28/2011

18:11 : Merck sells J&J its stake in OTC business - (Reuters) - Merck & Co has sold for $175 million its half interest in a longtime joint venture with Johnson & Johnson, giving J&J full rights in North America to over-the-counter...
Source : reuters-com
15:30 : Merck sells stake in OTC drug venture to J&J unit - SAN FRANCISCO (MarketWatch) -- Merck & Co. said late Wednesday it sold its 50% interest in a over-the-counter drug joint venture with Johnson & Johnson Inc. to J&J unit McNeil PPC Inc. As a result, Merck ...
Source : marketwatch-com

Merck 9/20/2011

11:42 : Merck speeding up layoffs of many US employees - WHITEHOUSE STATION, N.J. (AP) -- Drugmaker Merck & Co. has told employees it can't reach its goal of cutting up to 13,000 jobs by 2015 just by eliminating vacant jobs, so it is speeding up layoffs in the U.S....
Source : usnews-com

Merck 8/26/2011

16:37 : Merck: Texas Supreme Court overturned Vioxx award - WHITEHOUSE STATION, N.J. (AP) -- Merck & Co. says the Texas Supreme Court has overturned a huge jury award for the family of a Texas man who died after briefly taking Vioxx, the painkiller the drugmaker later pulled from the market....
Source : usnews-com

Merck 8/8/2011

12:11 : Feds probe marketing of 3 Merck drugs - WASHINGTON (AP) -- Drugmaker Merck says it has received a subpoena from federal prosecutors investigating the company's marketing of three drugs acquired through its 2009 acquisition of Schering Plough....
Source : usnews-com
09:53 : Merck gets subpoena tied to marketing of 3 drugs - NEW YORK (Reuters) - The Department of Justice has issued Merck & Co a subpoena seeking information about the drugmaker's marketing of three drugs acquired in its 2009 merger with Schering-Plough Corp.
Source : foxbusiness-com
09:26 : Merck ([[MRK]] -2%) has received a Department of Justice subpoena seeking - Merck (MRK -2%) has received a Department of Justice subpoena seeking information regarding the marketing of its Temodar, Peg-Intron, and Intron A drugs, acquired through the company's 2009 acquisition of Schering-Plough. The subpoena is ...
Source : seekingalpha-com

Merck 8/2/2011

10:31 : Pharma Earnings Winner: Pfizer Versus Merck (MRK, PFE, LLY) - European markets retreated Monday, after being higher higher most of the session, after investors got a extremely disappointing report on U.S. manufacturing activity.
Source : 247wallst-com

Merck 8/1/2011

08:01 : Ariad Pharmaceuticals (ARIA) is up 4.3% after announcing Merck (MRK), ... - Ariad Pharmaceuticals (ARIA) is up 4.3% after announcing Merck (MRK), its partner in the development and distribution of its Ridaforolimus cancer-treatment drug, has submitted an application for the right to market ...
Source : seekingalpha-com
01:40 : AbD Serotec and Merck Sign License Agreement for Use of HuCAL GOLD in ... - MARTINSRIED, GERMANY and MUNICH, GERMANY--(Marketwire - Aug 1, 2011) - MorphoSys AG / AbD Serotec and Merck Sign License Agreement for Use of HuCAL GOLD in Vaccine Research. Processed and transmitted by Thomson Reuters ...
Source : marketwire-com

Merck 7/31/2011

05:05 : Merck (MRK) intends to slash 13,000 jobs, or about 14% of its workers, ... - Merck (MRK) intends to slash 13,000 jobs, or about 14% of its workers, in its restructuring program. This adds to the 17,000 cuts already planned and would reduce spending by an extra $1.3B by 2015. Drug firms have been firing staff and closing ...
Source : seekingalpha-com

Merck 7/30/2011

10:32 : National Employee Morale Day At Merck (MRK) - July 29 - The deadline to raise the U.S. debt ceiling is August 2, and Friday's employment report will follow a disappointing second-quarter read on GDP. IFR sees an increase of just 85,000, compared to 18,000 a month earlier.
Source : 247wallst-com
01:39 : Merck set to lay off 13,000 - Merck plans to slash up to 13,000 more jobs by 2015, the latest large pharmaceutical corporation seeking to offset slowing sales by cutting costs.
Source : newsobserver-com

Merck 7/29/2011

22:05 : Merck Hep C Drug Draws More Atttention Than Job Cuts - There were plenty of big pills to swallow in the second-quarter earnings report from pharmaceutical giant Merck(MRK_), from another major round of lay...
17:11 : Merck plans to cut thousands more jobs - Merck & Co Inc. plans to cut another 12,000 to 13,000 jobs by late 2015 to wring out additional annual cost savings of up to $1.5 billion that can be plowed back into research and deal making.
Source : msnbc-msn-com
13:02 : Summary Box: Merck eliminating up to 13K more jobs - MAJOR LAYOFFS: Drugmaker Merck and Co. says it's cutting up to 13,000 more jobs for a total of about 30,000 since its 2009 Schering-Plough Corp. purchase....
Source : usnews-com
11:41 : Merck to slash jobs in cost-savings drive - NEW YORK (Reuters) - Merck & Co plans to slash thousands more jobs by late 2015 to wring out additional annual cost savings of up to $1.5 billion that can be plowed back into research and deal making.
Source : reuters-com
11:29 : Merck to lay off thousands more by 2015 - Merck plans to slash up to 13,000 more jobs by 2015, the latest large pharmaceutical corporation seeking to offset slowing sales by cutting costs.
Source : newsobserver-com
07:33 : Merck to Cut as Many as 13,000 Jobs - Merck's second-quarter earnings more than doubled, helped by a tax benefit and growth in pharmaceutical sales, and the company said it plans to cut another 12,000 to 13,000 positions by the end of 2015.
Source : wsj-com
07:22 : Merck meets estimates, earnings 95 cents a share - NEW YORK (MarketWatch) -- Merck & Co. Inc. on Friday reported second-quarter earnings of $2.02 billion, or 65 cents a share, compared 752 million, or 24 cents a share in the year-ago period. Revenue was $12.15 billion, 7% higher than the ...
Source : marketwatch-com
06:37 : Merck profit jumps on lower charges; plans cuts - WHITEHOUSE STATION, N.J. (AP) -- Drugmaker Merck & Co. says second-quarter profit nearly tripled from a year ago, when about $2 billion in charges hurt results. Merck says it will cut more than 11,000 jobs....
Source : usnews-com

Merck 7/28/2011

13:50 : Merck expected to post higher profit - Wall Street is expecting Merck to post substantially higher second-quarter earnings early Friday, with overall sales showing steady growth over last year and last quarter.
Source : marketwatch-com

Merck 7/27/2011

04:27 : Merck KGaA Cuts 2011 Earnings Guidance; Shares Slump - FRANKFURT -(Dow Jones)- Chemical and pharmaceutical company Merck KGaA (MRK.XE) Wednesday cut its earnings guidance for 2011, after one-off charges of more than EUR360 million produced a net loss for the second quarter.
Source : foxbusiness-com
03:27 : Europe Markets: Merck KGaA, Peugeot, Santander weigh on Europe - European stock markets trade lower early Wednesday as company updates weigh on shares of Merck KGaA, Peugeot and Banco Santander, while U.S. debt-ceiling negotiations also keep investors on edge.
Source : marketwatch-com
02:19 : Merck (MRK) Q2 net EPS loss ;0.40 ($0.58) vs profit ;0.84 a year earlier. - Merck (MRK) Q2 net EPS loss €0.40 ($0.58) vs profit €0.84 a year earlier. Revenue +16% to €2.56B. For 2011, Merck expects operating profit of about €1B, below guidance given in April, due to one-time adjustments. Post your comment!
Source : seekingalpha-com
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