Word: merck
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...further rate increase --the sixth this year -- at its next meeting Nov. 15, which is conveniently right after the midterm elections. Following the announcement that rates will stay put for now, the Dow Jones Industrial Average jumped 13.46 points to 3863.04. Big gainers included Alcoa, International Paper and Merck, each up a point. The S&P 500 rose 1.23 to 462.05. NASDAQ stocks dipped 0.26 to 755.37. Meanwhile, Treasury bond prices fell -- and yields climbed -- as bond traders registered their disappointment over the Fed's decision not to stifle inflation. The yield on the benchmark 30-year Treasury rose...
...rush by drug manufacturers to acquire large distribution networks that keep medicine prices down by buying in bulk. Last month Eli Lilly agreed to pay $4 billion for McKesson's PCS Health Systems, which provides drugs at deeply discounted prices to HMOS and insurance plans. The move followed Merck's 1993 acquisition of Medco, another national outlet. Such mergers worry some health-care experts. "Why would hospitals now want to deal with Medco?" asks Alan Shapiro, a finance professor at the University of Southern California business school. "Hospitals and HMOS dealt with it in the past because it was independent...
Most vaccine production is carried out by five major pharmaceutical companies: Merck, Smith-Kline Beecham, Connaught, Merieux and Medeva. But according to Dennis Panicali, president and CEO of the Cambridgebased Therion Biologics Corporation, it's the small biotechnology firms which are experimenting with more novel techniques for producing vaccines...
...nation's core industries. But that's exactly what the Career Forum was saying. At the vast majority of the companies that were there, students would have the opportunity to make a living but not to create new value. Only a few manufacturers, like Proctor & Gamble and Merck, showed up at the Forum. Shouldn't more businesses like P & G have been there to seek out bright people to help them run their companies and design their products? If more talented, qualified people worked in management for our nation's producers, would there even be a need for management consulting...
...last week's $4 billion agreement for financial conglomerate Primerica to acquire the 73% that it does not already own of Travelers, the insurance company. So too were AT&T's $12.6 billion deal for McCaw Cellular in August and the $6 billion merger agreement between drug firms Merck and Medco last July. "These deals are boring," says a disgruntled veteran of the '80s. "Today, you actually have to sell the stuff on the fundamentals" -- how well companies fit together...