Merck (NYSE: MRK) stock prices today july 29 2011

Indonesia stock info ; Merck (NYSE: MRK) stock prices today july 29 2011 : Merck (NYSE: MRK) was the Dow's second-worst performer. It reported second-quarter results right in-line with estimates, but investors dumped the stock on word that the drug giant plans big job cuts. Here are those earnings: $0.95 a share, up sharply from last year when it took a big restructuring charge. But it was in-line with estimates, as we just said.

But the stock fell 2 percent after Merck (NYSE: MRK) announced cutting 10 to 12 percent of its workforce by the year 2015, that's as many as 13,000 jobs.


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