Pharmaceutical manufacturing

Trader Ashley Lara works on the floor of the New York Stock Exchange, Wednesday, Feb. 5, 2020. Stocks are opening broadly higher on Wall Street, putting the market on track for a third straight day of solid gains. (AP Photo/Richard Drew)
February 05, 2020 - 10:38 am
NEW YORK (AP) — Stocks are extending their rally on Wall Street Wednesday as investors assess the latest batch of solid corporate earnings reports and set aside fears about economic fallout from the virus outbreak that originated in China. Major indexes are heading into a third straight day of...
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FILE- This May 1, 2018, file photo shows Merck corporate headquarters in Kenilworth, N.J. Merck is posting a 29% jump in fourth-quarter profit and it's spinning off its women's health division and other operations that churn out $6.5 billion in annual revenues. The drugmaker on Wednesday, Feb. 5, 2020 reported net income of $2.36 billion, up from $1.83 billion, a year earlier. (AP Photo/Seth Wenig, File)
February 05, 2020 - 8:21 am
Merck is posting a 29% jump in fourth-quarter profit and it's spinning off its women's health division and other operations that churn out $6.5 billion in annual revenues. The maneuver culminates a steady shift of Merck's business the past several years from a primary care drugmaker with 160...
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FILE- This May 1, 2018, file photo shows Merck corporate headquarters in Kenilworth, N.J. Merck is posting a 29% jump in fourth-quarter profit and it's spinning off its women's health division and other operations that churn out $6.5 billion in annual revenues. The drugmaker on Wednesday, Feb. 5, 2020 reported net income of $2.36 billion, up from $1.83 billion, a year earlier. (AP Photo/Seth Wenig, File)
February 05, 2020 - 7:43 am
Merck is posting a 29% jump in fourth-quarter profit and it's spinning off its women's health division and other operations that churn out $6.5 billion in annual revenues. The drugmaker on Wednesday reported net income of $2.36 billion, or 92 cents per share, up from $1.83 billion, or 69 cents per...
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A security officer wearing a face mask walks in front of the Shanghai Stock Exchange building in Shanghai, Monday, Feb. 3, 2020. The Shanghai Composite index tumbled 8.7% Monday then rebounded slightly as Chinese regulators moved to stabilize markets reopening from a prolonged national holiday despite a rising death toll from a new virus that has spread to more than 20 countries. (AP Photo)
February 03, 2020 - 9:44 am
NEW YORK (AP) — Stocks are opening solidly higher on Wall Street as the market finds its footing after two weeks of losses amid uncertainty over the virus outbreak that began in China. China's main index dropped nearly 8% as markets reopened there after being closed for more than a week for Lunar...
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A worker wearing a protective suit stands in front of an electronic display board in the lobby of the Shanghai Stock Exchange building in Shanghai, Monday, Feb. 3, 2020. The Shanghai Composite index tumbled 8.7% Monday then rebounded slightly as Chinese regulators moved to stabilize markets reopening from a prolonged national holiday despite a rising death toll from a new virus that has spread to more than 20 countries. (AP Photo)
February 03, 2020 - 7:51 am
BANGKOK (AP) — China's main stock index tumbled nearly 8% Monday as the country's markets reopened and regulators sought to calm investors over the impact of a virus that has spread to more than 20 countries and killed more than 360 people. Other markets, including in Europe and Wall Street futures...
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A worker wearing a protective suit stands in front of an electronic display board in the lobby of the Shanghai Stock Exchange building in Shanghai, Monday, Feb. 3, 2020. The Shanghai Composite index tumbled 8.7% Monday then rebounded slightly as Chinese regulators moved to stabilize markets reopening from a prolonged national holiday despite a rising death toll from a new virus that has spread to more than 20 countries. (AP Photo)
February 03, 2020 - 5:35 am
BANGKOK (AP) — World shares were mixed after the Shanghai Composite index tumbled nearly 8% as Chinese markets reopened on Monday and regulators sought to stabilize markets jolted by a virus that has spread to more than 20 countries and killed more than 360 people. The outbreak of the virus in...
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A worker wearing a protective suit stands in front of an electronic display board in the lobby of the Shanghai Stock Exchange building in Shanghai, Monday, Feb. 3, 2020. The Shanghai Composite index tumbled 8.7% Monday then rebounded slightly as Chinese regulators moved to stabilize markets reopening from a prolonged national holiday despite a rising death toll from a new virus that has spread to more than 20 countries. (AP Photo)
February 03, 2020 - 3:20 am
BANGKOK (AP) — The Shanghai Composite index tumbled nearly 8% on Monday as Chinese regulators moved to stabilize markets jolted by a virus that has spread to more than 20 countries, slamming regional tourism and threatening global growth. The outbreak of the virus in China has prompted governments...
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FILE - In this Jan. 16, 2020, file photo, an investor monitors stock prices at a brokerage in Beijing. China's Shanghai Composite index plunged 8.7% but then rebounded slightly as regulators moved to steady markets that reopened Monday, Feb. 3, 2020 from a prolonged national holiday amid news the outbreak of a deadly virus has spread further. (AP Photo/Ng Han Guan, File)
February 03, 2020 - 1:18 am
BANGKOK (AP) — The Shanghai Composite index tumbled 8.7% Monday then rebounded slightly as Chinese regulators moved to stabilize markets reopening from a prolonged national holiday despite a rising death toll from a new virus that has spread to more than 20 countries. The Shanghai benchmark had...
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FILE - In this Nov. 23, 2015, file photo, the Pfizer logo is displayed at world headquarters in New York. Pfizer is reporting a $306 million loss for the fourth quarter after it shifted its consumer health business into a joint venture last year. It narrowly Wall Street expectations for net income when nonrecurring events are removed. The biggest US drugmaker on Tuesday, Jan. 28, 2020 reported a net loss of 6 cents per share. (AP Photo/Mark Lennihan, File)
January 28, 2020 - 4:31 pm
Pfizer's ongoing restructuring is significantly reducing revenue, resulting in a $337 million loss in its fourth quarter and a miss of Wall Street's profit expectations. The results and Pfizer's 2020 financial forecasts didn't please investors, who drove Pfizer shares down more than 4%, an...
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Trader Michael Milano works on the floor of the New York Stock Exchange, Tuesday, Jan. 28, 2020. Stocks are opening broadly higher on Wall Street a day after the S&P 500 had its biggest drop since early October. Technology companies were putting up some of the biggest gains early Tuesday. (AP Photo/Richard Drew)
January 28, 2020 - 4:09 pm
Stocks are closing broadly higher on Wall Street, reversing most of their losses from a sell-off the day before. The gains on Tuesday snapped a two-day skid driven by fears that the spread of a new virus in China could hamper global ecomomic growth. Technology stocks rose the most. Banks and other...
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