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Merck & Co. Inc. /on Friday reported second-quarter earnings of $2.02 billion, or 65 cents a share

NEW YORK (MarketWatch)
Merck & Co. Inc. /on Friday reported second-quarter earnings of $2.02 billion, or 65 cents a share, compared 752 million, or 24 cents a share in the year-ago period.
Revenue was $12.15 billion, 7% higher than the same period a year ago.
Adjusted earnings were $3 billion, or 95 cents a share, up from 86 cents last year.
Analysts surveyed by FactSet Research expected earnings of 95 cents a share, on revenue of $11.82 billion.
The White House, N.J.-based pharmaceutical company said that it remains on track to save $3.5 billion in annual cost synergies by the end of 2012 and expects to reduce its workforce, as measured of the end of 2009, by additional 12% to 13% by the end of 2015.
Posted by El Genio at viernes, julio 29, 2011

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