Chronicle Journal: Finance

Merck posts earnings of 87 cents a share vs. 85 cents estimate

Analysts expected the company to report earnings of 85 cents a share on $10.5 billion in revenue, according to a consensus estimate from Thomson Reuters.. The White House proposed on Monday a one-time 14 percent tax on companies' overseas earnings to be used for a number of projects. Company executives were also invited to Washington to discuss Obama's proposed...
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