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Merck & Co. reports strong earnings despite lower revenue, sees mixed investor stakes adjustments.
Investment firms have been adjusting their stakes in Merck & Co., with some reducing and others increasing their holdings.
Merck reported a strong first quarter, with earnings per share of $2.22, surpassing estimates by $0.06, though revenue was slightly lower than expected at $15.53 billion.
The company has a market cap of $205.25 billion and recently announced a quarterly dividend of $0.81 per share, payable on July 8th to shareholders of record on June 16th.
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Merck & Co. informa fuertes ganancias a pesar de menores ingresos, ve ajustes mixtos de las apuestas de los inversores.