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Stock Market & Financial Investment News

News Breaks
February 4, 2013
07:04 EDTMRKMerck downgraded to Market Perform from Outperform at Leerink
Leerink downgraded Merck citing uncertainty around odanacatib, increasing competition for Januvia and Isentress, and investor concerns around the Zetia/Vytorin franchise. The firm has a $46-$47 price target range for shares. Note Merck shares were also downgraded this morning at Morgan Stanley.
News For MRK From The Last 14 Days
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June 19, 2013
09:38 EDTMRKActive equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL AMAT FDX MA C GOOG DISH AMRN MRK BIDU
June 18, 2013
16:00 EDTMRKOptions Update; June 18, 2013
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08:37 EDTMRKDrug companies turn to microchips to test medicines, WSJ reports
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June 17, 2013
08:36 EDTMRKInSite Vision to join Merck, Pfizer patent suit against Mylan
InSite Vision (INSV) announced that it will join Merck (MRK) and Pfizer (PFE) in filing a patent infringement lawsuit against Mylan Pharmaceuticals (MYL). Mylan recently filed an Abbreviated New Drug Application with the U.S. Food and Drug Administration seeking to market a generic version of AzaSite before expiration of the patents covering AzaSite and its use. AzaSite is marketed by Merck in the U.S. On May 26, 2011, InSite and Merck filed a similar patent infringement lawsuit against Sandoz. A trial date for the Sandoz ANDA suit has been set for July 11, 2013. The companies have agreed that Merck will take the lead in prosecuting both lawsuits. Each company will be responsible for their own legal costs, with InSite assuming a monitoring role, the company said.
June 14, 2013
17:15 EDTMRKMerck cutting layer of R&D management, WSJ reports
Merck is planning to cut jobs and strip a level of senior management from its R&D unit, reports The Wall Street Journal. Reference Link
13:21 EDTMRKMerck to cut jobs, restructure R&D unit, Dow Jones reports
June 12, 2013
16:02 EDTMRKOptions Update; June 12, 2013
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10:35 EDTMRKMerck management to meet with ISI Group
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08:04 EDTMRKMerck says independent review of JANUVIA safety profile 'welcomed'
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June 11, 2013
08:01 EDTMRKLeerink's major pharma and biotech analysts hold a conference call
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07:42 EDTMRKBoston Biotech Conferences to host a conference
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June 10, 2013
11:41 EDTMRKMerck loss in Nasonex patent fight upheld on appeal
Merck Sharp & Dohme, formerly known as Schering, appealed a lower court ruling in favor of Apotex. Reference Link
June 6, 2013
16:01 EDTMRKOptions Update; June 6, 2013
CBOE Volatility Index VIX down 72c to 16.78. Option volume leaders: AAPL TSLA GOOG C MRK BAC according to Track Data.
June 5, 2013
06:09 EDTMRKMerck implied volatility at upper end of index mean range

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