Posts Tagged ‘MRK’

Merck & Company Inc. (MRK) Reports Earnings

Merck & Co. today reported that its third-quarter profit plunged 35 percent because of competition from generic drugs, lower sales of its top-selling medicine, and restructuring and acquisition charges. Still, it beat profit expectations, but sharply lowered its own forecast for the full year, sending shares down. Merck said net income was $1.12 billion, or [...]

Merck Reports Earnings

Merck & Co. (MRK) reported second quarter 2013 earnings of 84 cents per share, two cents above the average estimate of 82 cents. Earnings, however, declined 20% from the year-ago period. Revenues for the quarter fell 10.6% to $11,010 million, missing consensus estimates of $11,221 million. Including one-time items, second quarter 2013 earnings declined 48.3% [...]

Market Happenings For Monday, June 17, 2013

Dow stocks at 52 week highs include just Boeing (BA) and 3M (MMM). There are no Dow stock 52 week lows. The Market Friday the Dow closed down -105.90 (-0.70%) at 15,070.18. Last week DJIA was down -1.2%, Nasdaq -1.3%, S&P 500 -1.0% and Russell 2000 -0.6%, Year-to-date DJIA is up +15.0%, Nasdaq +13.4%, S&P [...]