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Merck & Co Inc warned of a $2.1 billion hit to its 2020 revenue on Tuesday as social distancing due to the COVID-19 pandemic is expected to hammer sales of medically administered drugs including its blockbuster Keytruda treatment......»»

Shares of Merck & Co. Inc. rose 1% in premarket trading Tuesday, after the drug giant reported first-quarter profit and sales that beat expectations, but provided a downbeat full-year outlook. Net income rose to $3.22 billio.....»»

Merck & Co Inc on Tuesday posted a 10.4% rise in first-quarter profit, helped by strong sales of cancer therapy Keytruda, but the drugmaker lowered its 2020 profit forecast due to uncertainty from the COVID-19 pandemic......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Target Corp said on Thursday rising costs from trying to meet the fast-changing needs of consumers during the coronavirus crisis were set to hurt its first-quarter profit and margins, even as it recorded robust online sales during March and April......»»

A surge in online sales for Target in March and April offset the bulk of damage done by coronavirus lockdowns to in-store sales, but its margins continue to suffer along with profit from higher costs, the retailer said Thursday......»»

A surge in online sales for Target Corp in March and April offset the bulk of damage done by coronavirus lockdowns to in-store sales, but its margins continue to suffer along with profit from higher costs, the retailer said on Thursday......»»

French spirits maker Pernod Ricard said on Thursday it was suspending a share buyback of up to 500 million euros ($541 million) and keeping a tight grip on costs in response to the coronavirus epidemic that cut third-quarter sales by 14.5%......»»

Microchip Technology Inc. said it is cutting costs even while sales rise given the uncertainty and economic volatility resulting from the COVID-19 pa.....»»

Employees involved in the misconduct inflated certain costs and expenses in falsified transactions, Luckin said in a Thursday regulatory filing......»»

Dollar Tree said it recorded a $313 million non-cash goodwill impairment charge in the latest quarter against the value of the Family Dollar unit......»»

A steep increase in R&D costs left Beyond Meat losing money for the year......»»

Mattel Inc reported a rise in adjusted quarterly profit on Thursday as the company kept a tight leash on costs, even as holiday season sales of its flagship Barbie brand in North America were pressured by Hasbro Inc's "Frozen" dolls......»»

Guru's largest sales of the 4th quarterCheck out Richard Pzena Stock Picks » Download GuruFolio Report of Richard Pzena (Updated on 02/11/2020)Related Stocks: AXE, WMT, MRK, ORCL, CJ, JPM, BAC,.....»»

ArcelorMittal said Thursday that it swung to a loss in the fourth quarter of 2019, due to one-off costs and a challenging market environment......»»

Investors also may have been disappointed by misses on sales for 4th quarter and blockbuster drug KeytrudaRelated Stocks: MRK,.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Merck & Co. Inc. announced Wednesday that it was spinning off its Women's H.....»»

Hershey raised prices to offset higher costs for ingredients and to transport its products. The cost of cocoa increased last year......»»