|Last Price$58.96||Day Change (%)0.75%|
|Open Price$59.00||Day Change ($)0.44|
|Day Range58.70–59.33||52-Week Range52.49–63.62|
As of Fri 7/31/2015 7:55:00 PM | USD
Amgen Raises 2015 Outlook, Results Beat Expectations -- 2nd Update
Positive trial data for diabetes drug Januvia and strong first-quarter results keep Merck's stock undervalued and its wide moat intact.
The sale to Bayer monetizes Merck's consumer unit at a strong valuation, and removes Merck from an area where it lacks scale.
American's managers have been busy buying unloved large caps.
With a rock-solid belief in their strategy, the managers of Homestead Value confidently go about their business.
Two veteran investors discuss the winners and losers of reform and where they're looking for future growth.
Morningstar analysts see pharmaceuticals as 2010's hot zone for mergers and acquisitions.