Schering-Plough News & Latest Schering-Plough Headlines

New Clues About How Hedge Funds Make So Much Money

3:00PM 11/21/2010

Investing, Health Care, Goldman Sachs , Merck, Schering-Plough, Streetwise

We all wonder why Wall Street pros make so much more money than everyone else. But investment bankers are pikers compared to hedge fund managers, who make their money by taking a small cut of the assets they attract as well as a larger slice of the profits they earn in a given year. The higher...

Feds Launch Bribery Investigation into Drugmaker Merck

7:45PM 8/09/2010

By The Associated Press

Company News, Health Care, Merck, Schering-Plough

Two federal agencies are investigating whether drugmaker Merck & Co. violated the Foreign Corrupt Practices Act, which bars U.S. companies from bribing foreign officials.

Legal Briefing: Drug Cartels Used Wachovia to Launder Money

11:30AM 3/18/2010

By Abigail Field

JP Morgan Chase, Johnson & Johnson, Schering-Plough, Wells Fargo & Co

In the legal news today, Wachovia has agreed to pay a huge penalty for lax financial arrangements that enabled Mexican drug cartels to launder money and former-Met Lenny Dystra claims Washington Mutual enticed him to borrow more money than he could afford.

Surging Merck Seeks to Expand Use of HPV Vaccine to Older Women

4:52PM 1/14/2010

By Melly Alazraki

Health Care, Merck, Schering-Plough, GlaxoSmithKline

Merck shares rose more than 6% in two days as investors reacted to an analyst's upgrade and news that the drugmaker is trying to broaden the market for its human papillomavirus/cervical cancer vaccine, Gardasil.

Feds Eye 'Pay-for-Delay' Deals That Keep Generic Drugs Off the Market

9:30AM 1/14/2010

By Melly Alazraki

Health Care, Schering-Plough

The Feds -- and consumers -- may finally have had it with 'pay-for-delay.' In these deals, generic drug companies that challenge a patent held by a name-brand pharmaceuticals agree to settle by delaying their entry into the market in return for a payment. But regulators are now calling for laws to end the practice.

Earnings Roundup: UPS, AT&T, McDonald's, Xerox, More

11:41AM 10/22/2009

By The Associated Press

Company News, Earnings, AT&T, Bristol-Myers Squibb, Xerox, McDonald's, Travelers, Dow Chemical, UPS, Merck, Schering-Plough, 3M

Profits and sales are down for another quarter at UPS (UPS), but investors will be looking ahead to the upcoming holiday season to see if the world's largest shipping carrier - and the U.S. economy - are truly on the road to recovery. The Atlanta-based company said Thursday its net income for the...

Stocks in the news: Travelers, AT&T, McDonald's, Microsoft

9:00AM 10/22/2009

By David Schepp

Microsoft, Motorola, Apple, AT&T, Xerox, McDonald's, Travelers, UPS, Merck, Schering-Plough

Shares of Travelers Cos. (TRV) shot up more than 4 percent in pre-market action after the insurance giant Thursday reported a much higher third quarter profit, earning $935 million, or $1.65 a share. Per-share earnings far exceeded a consensus estimate of $1.30 a share, according to a poll of 15...