Word: merck
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...lasting. A new TIME/CNN poll finds that fewer than one-third of Americans expect the economy to improve in the next year. It is not just that we have confronted in WorldCom the worst case of fraud in U.S. corporate history; today the bluest of chips, from Merck to General Electric, are being challenged about their bookkeeping. The perception of deception is so widespread, the stakes so high and the costs so great that investors are choosing to forfeit a game they now think is rigged. The markets skidded last week straight past their 9/11 lows into the most bearish...
...China, both of which are predicted to become the next hot spots of the disease. Earlier this month, 15 Caribbean nations agreed to purchase desperately needed AIDS drugs from major pharmaceutical companies - at discounts of up to 90 percent. The companies, including Abbot Laboratories, Bristol-Myers Squibb and Merck decided it was more expedient to strike a deal with the Caribbean as a region, rather than wrangle with the individual countries. Local leaders called the agreement a "major victory" in the fight against AIDS...
...September low, though the nasdaq 100 (made up of the biggest stocks on that market, including Microsoft and Intel) is close. And already 1 in 8 stocks in the S&P 500 is below those September thresholds, including AOL Time Warner (which publishes TIME), Corning, EDS, Halliburton, IBM, Lilly, Merck and Verizon, reports Salomon Smith Barney...
...September low, though the NASDAQ 100 (made up of the biggest stocks on that market, including Microsoft and Intel) is close. And already 1 in 8 stocks in the S&P 500 is below those September thresholds, including AOL Time Warner (which publishes TIME), Corning, EDS, Halliburton, IBM, Lilly, Merck and Verizon, reports Salomon Smith Barney...
...cents] a share. There may be a chicken-and-egg dynamic at work: successful firms have a lot more cash to invest in CI. But it seems clear that watching your competitors closely can help boost your bottom line. Cliff Kalb, senior director of strategic business analysis at MERCK, says his division recently helped the pharmaceutical giant outmaneuver a competitor set to introduce a new drug. Merck established a stronger position in the market that translated into $150 million to $200 million in revenue over the past three years...