ETFs Hold About $4.5 billion of Johnson & Johnson Tuesday, October 5, 7:50 AM ET, by Market News Video Staff ETFChannel.com's "ETF Components" toplist shows that aggregately ETFs hold nearly $4.5 billion of Johnson & ...
ETFs Hold More Than $3.2 Billion of Pfizer Friday, October 8, 7:51 AM ET, by Market News Video Staff According to ETFChannel.com's Top ETF Stock Components list, ETFs hold over $3.2 billion of Pfizer ...
Morgan Stanley Grows More Bullish on JNJ Wednesday, October 20, 11:41 AM ET, by Market News Video Staff This morning, Morgan Stanley raised its EPS estimates on shares of Johnson & Johnson (JNJ) ...
ETFs Impacted by Merck Results on Friday Morning Friday, October 29, 9:22 AM ET, by Market News Video Staff This morning, Merck (MRK) announced third quarter earnings of 85 cents per share, ex-items, narrowly ...
MRK Reports Positive Results From Cholesterol Drug
By Market News Video Staff, Wednesday, November 17, 2:11 PM ET
Merck (NYSE:MRK) reported positive results today on its experimental cholesterol drug anacetrapib. A phase III study showed the drug reduced bad cholesterol levels in patients with coronary heart disease or risk for it, and increased good cholesterol levels. The drug showed appeared to be as safe as a placebo in terms of the primary safety measures studied.
On the news, Merck shares are trading higher by 1.4% today.
At 16.29%, Merck is the third-largest holding of the Pharmaceutical HOLDRS (AMEX:PPH) fund, trading modestly higher on Wednesday. Johnson & Johnson (NYSE:JNJ) is the top holding in the fund, at 25.63%, followed by Pfizer (NYSE:PFE) at 18.14%.
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