Merck KGaA lifts outlook, revamp costs hit results

Merck KGaA lifts outlook, revamp costs hit results

Frankfurt : Germany | Aug 14, 2012 at 5:27 AM PDT
Source: MarketWatch
Views: Pending
Pharmaceutical and chemical company Merck KGaA said Tuesday its earnings in the second-quarter took a hit from EUR394 million in one-time impairments, largely related to its cost-cutting program, but raised its outlook for full-year earnings and revenue on expected impetus from emerging markets.... FULL ARTICLE AT MarketWatch
  • Clear
  • Share:
  • Share
  • Clear
  • Clear
  • Clear
  • Clear
  • Credibility
  • Wait... Flag

News Stories

  • Why Velti's Shares Bounced

      The Motley Fool
    The stock's settled into a gain of about 13% as of this writing, driven by a quarterly report that more or less confirmed the Street's expectations. Revenue came in ahead of the consensus estimates, but EPS was as expected. The company took that ball...

More From Allvoices

Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc. 2008-2014. All rights reserved. Powered by PulsePoint.