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Merck Announces First-Quarter 2014 Financial Results

2014-04-29 13:00:00| Merck.com - Financial News

Dateline City: WHITEHOUSE STATION, N.J. First-Quarter 2014 Non-GAAP EPS of $0.88, Excluding Certain Items; GAAP EPS of $0.57; Confirms 2014 Full-Year Non-GAAP EPS Target of $3.35 to $3.53, Excluding Certain Items; GAAP EPS Range of $2.15 to $2.47 Worldwide Sales were $10.3 Billion, a Decrease of 4 Percent, Reflecting Unfavorable Impact of Patent Expiries and a 2 Percent Unfavorable Impact from Foreign Exchange Strategic Initiatives Drove Cost Reductions and Portfolio Divestitures, Generating First-Quarter 2014 Benefits Sales of REMICADE, SIMPONI and ISENTRESS, as well as Diabetes and Vaccines Franchises Grew FDA Approved GRASTEK and RAGWITEK Sublingual Allergen Extract Immunotherapy Tablets and Accepted Filings for V503 and Suvorexant; Company Announced Progress in Key Clinical Programs Including HCV and HIV Repurchased $7.5 Billion of Common Stock Over Previous 12 Months as Part of Ongoing Share Repurchase Program WHITEHOUSE STATION, N.J.--(BUSINESS WIRE)--Merck (NYSE:MRK), known as MSD outside the United States and Canada, today announced financial results for the first quarter of 2014. Language: English Contact: MerckMedia:Steve Cragle, 908-423-3461Lainie Keller, 908-423-4187orInvestors:Joe Romanelli, 908-423-5185Carol Ferguson, 908-423-4465 Ticker Slug: Ticker: MRK Exchange: NYSE read more

Tags: results financial announces merck

 

The Real Story Behind Canadian National Railway's First-Quarter Results

2014-04-29 09:35:44| Railroads - Topix.net

With any luck, the term "polar vortex" will fade back to obscurity, and North America's railroads can look forward to normal winter conditions.

Tags: results real national story

 
 

US: Carter's "resilient" amid tough first-quarter

2014-04-28 16:35:44| Daily apparel & textile news and comment - from just-style.com

Carter's delivered "resilient results in a tough quarter," according to one analyst, after the children's wear firm posted a double-digit decline in first-quarter profit despite record sales.

Tags: tough amid resilient carters

 

Swift Reports Lower First-Quarter Profit

2014-04-25 15:41:43| Trucking - Topix.net

Swift Transportation Co. reported its first-quarter net income fell 59% to $12.3 million, or 9 cents per share, as winter weather drove down profits.

Tags: reports lower profit swift

 

Lilly First-Quarter Profit Matches Analysts' Estimates

2014-04-25 05:44:13| Biotech - Topix.net

Eli Lilly & Co., the drugmaker in its worst year of declining sales, reported profit that matched analysts' estimates as gains from its animal health unit helped offset declining pharmaceutical revenue.

Tags: profit estimates matches analysts

 

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