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-0.0138484607920966 -0.0142012878186469 -0.0209050013231014 -0.0209932080797389 -0.0164064567345859 0.031754432389521 0.0334303607656346 0.0334303607656346
Stock impact report

Merck and Pfizer decline vs the broader market as results released [Yahoo! Finance]

Merck & Company, Inc. (new) (MRK) 
Last merck & company, inc. (new) earnings: 4/28 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.merck.com/home/default.aspx
Company Research Source: Yahoo! Finance
But shares of Merck & Co. and Pfizer bucked the trend, with Merck falling 1% and Pfizer falling almost 5% The culprit? Solid but unspectacular results as tech and gold rally. Still, together, their earnings give us a pretty good read on the pharmaceutical sector and the broader economy. For Merck, fourth-quarter worldwide sales rose 5% to $16.4 billion , or 4% excluding currency effects, while full-year revenue topped $65 billion. Oncology remained the backbone of the business, with Keytruda sales climbing 7% to nearly $32 billion for the year — nearly half Merck's total annual revenue —pointing to its status as one of the world's most important cancer drugs even as Merck prepares for eventual loss of exclusivity later this decade. What could replace such a huge chunk of overall sales? Merck highlighted growing contributions from newer therapies. Winrevair, a hypertension drug, generated $1.4 billion in sales in its first year, while pneumococcal vaccine Capvaxix brought in just Show less Read more
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