Word: merck
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
Growth stocks are not confined to missiles and electronics, also include such varied fields as drugs, office equipment and vending machines. Over the past year, Texas Instruments has jumped from 121 to 236½, Merck from 79 to 95, Universal Match from 74 to 157¾ after one split. Even the blue chips that have picked up some glamour have been doing well, such as IBM, Minnesota Mining & Manufacturing and General Foods. Compared with the traditional price-earnings ratio of 16 to 1 for the blue chips, many of the glamour stocks are selling at up to 70 times earnings...
...some built up cash and bond holdings, while an equal number took the opposite position, bought heavily in common stocks. There was big buying in American Telephone & Telegraph, International Business Machines, Arkansas Louisiana Gas, Tampa Electric, and Babcock & Wilcox. Selling was heavy in such drug stocks as Chas, Pfizer, Merck, and Parke, Davis, following the unfavorable publicity of the Kefauver hearings...
...Maurice R. Hilleman reported that his company (Merck Sharp & Dohme) just happens to have an improved vaccine handy-not yet as potent as Dr. Salk's ideal, but far better than the commercial average: 91% of vaccinated children were protected by only two shots, a month apart, said Dr. Hilleman. Merck has a licensing application on file in Washington, and wants Government action on it before this year's polio season advances...
Died. George Walbridge Perkins, 64, longtime (1927-48) executive of Merck & Co., Inc., who as Assistant Secretary of State for European Affairs (1949-53) successfully urged Congress in 1950 to grant financial aid to an isolated, Stalin-defying Tito; of a heart attack; in Manhattan...