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Philly.com
Inquirer Business Update
PBT: Philadelphia Business Today »
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Philadelphia Business Today 4/22
On "Philadelphia Business Today," an exclusive interview with Vanguard Group founder John Bogle, plus why Big Pharma has been hurting lately. »  View in larger player
Top Story
AMEX continues Environmental Tectonics’ listing
Posted 2:30pm
Southampton-based Environmental Tectonics Corp. announced today that the American Stock Exchange agreed to continue listing the company, at least through May 29.
BUSINESS BLOGS
Merck CEO defends company's conduct
You are what people say you are.

Merck & Co. Inc. does not like what some have been saying about its conduct regarding the drugs Vytorin and Zetia.

Those are the cholesterol fighters that were lambasted by several cardiologists at the American College of Cardiology meeting at the end of March. Results of a study by Merck and its partner, Schering-Plough, released in January showed little benefit compared against Merck’s simvastatin.

The backlash from that cardiology meeting moved Merck CEO Richard T. Clark to defend his company’s conduct on Monday's analysts call.

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GPX: $15.4M for ASI's Fairmount Terrace
Posted 04/21/2008
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»  More business press releases from Business Wire
Today's Inquirer
Merck sales edge up, net nearly doubles
By Bob Fernandez, Inquirer Staff Writer
Merck & Co. Inc., which has lost patent protection on one of its big revenue producers, osteoporosis drug Fosamax, said yesterday that first-quarter sales rose 1 percent and earnings soared on a special $2.2 billion pretax gain from a limited partnership with AstraZeneca P.L.C.
Fueling Market Forces
By Adam Schreck, Associated Press
NEW YORK - Rising gasoline prices tightened the squeeze on drivers yesterday, jumping to an average $3.50 a gallon at filling stations across the country.
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By Tim Paradis , Associated Press
 
Yahoo's fate awaiting its profit report today
By Michael Liedtke , Associated Press
 
Motley Fool: 52 weeks, volatility, Gilead
 
Bank of America profit down 77%
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Ohio bank secures $7 billion to avert sale; stock off 28%
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