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The Latest Breaking News from Merck

SVB Leerink's Pro-forma Analysis Of Speculated Merck/Seagen Deal - What Investors Need To Know

SVB Securities conducted a pro-forma analysis of the financial impact to Merck & Co Inc (NYSE: MRK) from a potential acquisition of Seagen Inc (NASDAQ: SGEN).

Benzinga

Merck To Start Pivotal Trial For Next-Gen Pneumococcal Vaccine Next Month

Merck & Co Inc (NYSE:MRK) presented results from the Phase 1/2 study, evaluating V116 in pneumococcal vaccine-naïve adults 18-49 years of age (Phase 1) and 50 years of age and older (Phase 2). Data were shared at the International Symposium on Pneumococci and Pneumococcal Diseases. V116 targets serotypes that account for 85% of…

Benzinga

Stock Market Closes Higher, But Dow Jones Inches Down; Exxon And Chevron Lead Oil Stocks Lower

The stock market gained but the Dow Jones inched lower on the eve of three-day weekend. Oil stocks tumble.

Investors Business Daily

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Stock Market Ending Week With Gains But Energy Stocks Continue To Slide

Crude oil futures have fallen nearly 7% today, to $109 per barrel.

Investors Business Daily

Embattled Biotech Seagen Rockets On Rumors Merck Could Buy It

Merck is reportedly eyeing a takeover of embattled biotech Seagen, according to multiple reports that sent SGEN stock flying Friday.

Investors Business Daily

Merck Shows Takeover Interest In Seagen: WSJ

Merck & Co Inc (NYSE:MRK) is reportedly mulling buying cancer-focused biotech Seagen Inc (NASDAQ:SGEN), Wall Street Journal reported citing people familiar with the matter. If the deal happens, it would be significant, given Seagen's market value of roughly $28 billion. According to the report, some people said other unnamed suitors are also eying Seagen, a…

Benzinga

Dow Jones Rises After Key Inflation Report; Fed Meeting Set To Kick Off

The Dow Jones Industrial Average rose Tuesday after another key inflation report. The Fed's two-day meeting will also kick off.

Investors Business Daily

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Dow Jones Futures: What To Do After Monday's Stock Market Plunge; Fed Meeting, Key Inflation Report Next

Dow Jones futures were higher following Monday's stock market plunge. Another pivotal inflation report is due out Tuesday.

Investors Business Daily

Dow Jones Dives, Treasury Yields Surge To New Highs; Bitcoin Crashes Below $24,000

The Dow Jones Industrial Average dived over 600 points Monday, as Treasury yields surged to new highs. Bitcoin crashed below $24,000.

Investors Business Daily

Dow Jones Dives On Hot Inflation Report; DocuSign Plunges 23% On Earnings

The Dow Jones Industrial Average dived Friday on a hot inflation report in the wake of Thursday's stock market sell-off. DocuSign plunged on earnings.

Investors Business Daily

Dow Jones Falls As Jobless Claims Jump; Tesla Rallies On China Sales

The Dow Jones Industrial Average fell Thursday after unemployment data. Tesla stock raced higher on news that May sales in China rebounded.

Investors Business Daily

Dow Jones Falls As Treasury Yields Climb; Tesla Races Higher On Battery Deal

The Dow Jones Industrial Average fell Wednesday, as Treasury yields jumped. Top stocks to buy and watch include cosmetics leader Ulta Beauty.

Investors Business Daily

Merck, Ridgeback Announce New Molnupiravir Data From Late-Stage COVID-19 Study

Merck & Co Inc (NYSE:MRK) and Ridgeback Biotherapeutics announced that the Annals of Internal Medicine had published additional data from the Phase 3 MOVe-OUT trial of Lagevrio (molnupiravir) in non-hospitalized COVID-19 patients at high risk for progressing to severe disease. A lower proportion of molnupiravir-treated participants in the modified intent-to-treat population had an acute care…

Benzinga

Dow Jones Slides As Target Dives On Profit Warning; Tesla Skids

The Dow Jones Industrial Average sold off Tuesday, as Target dived after warning profits would drop in the current quarter.

Investors Business Daily

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Investors Business Daily

Dow Jones Futures: Treasury Yields Jump; 7 Top Stocks To Buy And Watch Now

Dow Jones futures were lower after Monday's stock market action. The 10-year Treasury yield jumped back above 3%.

Investors Business Daily

Dow Jones Rallies As Apple Jumps Ahead Of WWDC 2022; Twitter Dives On Elon Musk Filing

The Dow Jones Industrial Average rallied 200 points Monday, as Apple jumped ahead of the company's WWDC 2022 event, while Twitter stock dived.

Investors Business Daily

Dow Jones Sells Off After Jobs Report; Tesla Tumbles On Elon Musk Warning

The Dow Jones Industrial Average dropped after the jobs report. Tesla skidded after Musk said he had a "super bad feeling" about the economy.

Investors Business Daily

Regeneron Pharmaceuticals Dives On $1.1 Billion Deal To Rival Merck In Cancer

Regeneron stock tumbled Thursday after the company announced a deal to acquire the international rights to Sanofi-partnered cancer drug Libtayo.

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The Philadelphia Inquirer

Ex-Merck CEO Ken Frazier and his coalition of business leaders plan to hire or promote 1M Black workers

It's called the "bachelor barrier" — the undergraduate degree requirement that many African American and other people of color don't meet, which keeps them from a promotion or a new job.

Investors Business Daily

Dow Jones Rallies As Salesforce Surges 14% On Earnings

The Dow Jones Industrial Average rallied Wednesday, as software leader Salesforce surged on better-than-expected earning results.

Benzinga

Attention Biotech Investors: Mark Your Calendar For These June PDUFA Dates

May turned out to be a month of mixed fortunes as far as regulatory reviews are concerned. New molecular entity approvals, an indicator of innovation in drug research, totaled three during the month, bringing the total for the year to 15. This compares to the 24 NMEs the Food and…

Benzinga

Germany's Merck To Launch Semiconductor Base In China

German semiconductor supplier of chemicals and materials Merck KGaA (OTC:MKKGY) forged a contract with local authorities to open a semiconductor base in China's Zhangjiagang, Reuters reports. The new 69-acre base will house production plants for thin-film materials and electronic specialty gasses, warehouses, and operation centers. Previously Merck disclosed plans to invest at least…

Investors Business Daily

GlaxoSmithKline Announces $3.3 Billion Buyout To Square Off With Pfizer, Merck

GlaxoSmithKline announced Tuesday a $3.3 billion deal to buy pneumonia vaccine-maker Affinivax. But GSK stock dipped at the close.

Investors Business Daily

Dow Jones Sells Off As Bitcoin Soars; Oil Prices Jump As EU Bans Russian Oil

The Dow Jones Industrial Average fell Tuesday. Bitcoin soared, while oil prices jumped to a two-month high on a partial Russian oil embargo.

Investors Business Daily

Merck Stock Had A Contrarian Nature In Weak Market

It's great for a stock to rise in a weak market. But if the market strengthens, its contrarian nature may work against it.

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