Word: merck
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Dates: during 1970-1979
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...reported to the Internal Revenue, and there is no record of the bond purchases because they are so-called bearer bonds and therefore do not carry the name of the owner. Gambling casinos are surging in part because they are convenient places to spend cash. Says Albert W. Merck, a member of New Jersey's casino control commission: "A casino fills a fascinating function in an economy where there is a lot of unrecorded money. It is a place to put undeclared cash...
...Merck join the club
This was accomplished by replacing two of the stodgier performers, Chrysler and Esmark (formerly Swift & Co., the meat packer), with glamorous Merck & Co. and IBM, which is the market's most popular growth stock. Their inclusion reflects the rising importance of technology and drug companies in the economy and stands to make the Dow somewhat more volatile. Both companies' shares have risen substantially in value over the past two decades (Merck has more than tripled, IBM has quintupled), and relatively high-priced stocks usually have sharper swing than do lower-priced ones. Had IBM and Merck replaced Chrysler...
...most ways they are so similar that people vaccinated within the past 12 months against A/Victoria, or who actually had that disease, have some degree of immunity against A/Texas, which first appeared in 1977. But, explains Merck & Co.'s Maurice R. Hilleman, their antibody level against A/Texas is only a fraction, perhaps a quarter or an eighth, of their level against A/Victoria...
...committee also rejected unanimously a resolution that would require Merck & Co. to disclose all political contributions of $50,000 or more over the past ten years because it said it is concerned about the "the consequences of retroactive disclosure." The committee has asked the company to adopt a policy of making such disclosure in the future...