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Topic: cheap toms shoes forecast 2012 earnings per share
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Date Posted: May 04 2013 at 10:21am
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ountries, got approval in the last quarter to market two drugs to additional patient groups, and plans during 2012 and 2013 to apply for approval of five major products in the U.S. and other countries. The company, based in Whitehouse Station, N.J, http://atarimae.jp/blog/012/2008/12/post-1.html#comments - http://atarimae.jp/blog/012/2008/12/post-1.html#comments ., forecast 2012 earnings per share of $3.75 to $3.85, excluding charges. Analysts expect $3.83. Including charges, Merck expects earnings per share of $2.04 to $2.30, http://www.cheaptomsshoessalei.com - cheap toms shoes . The company said it expects revenue at or near 2011's total, http://www.tomsoutletsalecheap.com - tomsoutletsalecheap.com , whic was just over $48 billion. In early trading, Merck shares fell 41 cents, or 1 percent, to $38.22. Total pharmaceutical revenue was up 3 percent to $10.76 billion, led by double-digit sales growth for diabetes pills Januvia and Janumet, HIV drug Isentress and cervical cancer vaccine Gardasil. Sales rose 8 percent to $1.46 billion for Singulair, which gets generic competition in August. Generic competition hurt sales of several prior blockbusters, including osteoporosis pill Fosamax. Meanwhile, recently approved hepatitis C drug Victrelis appeared to be off to a modest start, with revenue of $87 million in its third full quarter on the market. Merck took charges of $1.48 billion for acquisition-related costs and $692 million for restructuring. Both are related to its ongoing integration of fellow New Jersey drugmaker Schering Plough Corp., which it bought in November 2009 for $49 billion. That deal gave Merck Schering's biotech, consumer health and veterinary medicine businesses, plus a stronger pipeline of experimental drugs. The combined company has been shedding jobs and closing some factories to reduce costs, http://mobiomatic.com/content/cheaptomsshoessaleicom-unless-i - http://mobiomatic.com/content/cheaptomsshoessaleicom-unless-i . Merck posted much lower revenue from biologic immune disorder drug Remicade, which was down 28 percent at $511 million. That's because of a new, less-favorable revenue sharing agreement with Johnson Johnson that followed arbitration after Merck bought Schering Plough, which had marketed the blockbuster drug jointly with J J. Sales of veterinary medicines rose 6 percent to $868 million. Sales of consumer health products such as nonprescription Claritin fell 5 percent to $361 million. For the full year, Merck posted net income of $6.27 billion, or $2.02 per share, up from $861 million, or 28 cents a share. Revenue totaled $48.05 billion, up 4 percent from $45.99 billion in 2010. ___ Linda A. Johnson can be followed at http://twitter.com/LindaJ_onPharma Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Your comment will be posted immediately, http://www.coltag.com/photos/displayimage.php?pid=372&message_id=f21e5169f26a58877b5fdc4c758f6543&message_icon=info#cpgMessageBlock - http://www.coltag.com/photos/displayimage.php?pid=372&message_id=f21e5169f26a58877b5fdc4c758f6543&message_icon=info#cpgMessageBlock , unless it is spam or contains profanity. For more information, please see our Comments FAQ. An insider's guide to politics and policy, available on the iPad or as a PDF download.
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