Monday, January 31, 2011

"New Merck" Reports First Year Of Schering-Plough-Busted-Up Results, This Thursday Morning

Of course I'll live blog it -- will there be an actual, rather than rumored settlement of the Centocor/J&J $10 billion arbitration to report, by then?

Will currencies have dampened full-year sales by more than 4 percent?

Will CEO Frazier be ready to announce an intention to wholly-exit the Consumer Health businesses [as his counterpart at the (no relation) German Merck just did]?

We shall see. The some 20 analysts covering Merck (per Yahoo! Biz), on average, expect non-GAAP 2010 EPS of $3.38, on sales of $45.48 billion.

The company itself last said (on pain of SEC liability) that it "expected full year 2010 non-GAAP EPS to be between $3.27 and $3.41, excluding certain items and a 2010 GAAP EPS range of $1.15 to $1.50." Do stop back:

. . . .Q4 2010 Merck & Co., Inc. Earnings Conference Call

Thursday, February 3, 2011 8:00 a.m. ET

Click here to listen with Windows Media. . . .


Anonymous said...

condor said...

Thanks Jay Tea --

I am pretty certain that whatever else Mr. Obama's rhetoric on the campaign trail was. . . it was -- and is -- hearsay, and thus manifestly NOT not evidence (in a federal court of law) of the intent of the Congress (it is afterall, STILL the Congresspeople who legislate, right?) -- in passing the insurance tax provision.

That a sitting federal trial judge would make a political speech even a footnote in his opinion. . . smacks of a political -- as opposed to legal -- decision-making approach.

And that is an unfortunate lapse, by one we trust to be above reproach -- and thus, it is unfortunate for the future of our Republic.

In a more Machiavellian sense though, I suppose I should give Judge Vinson my thanks, for being so openly political, about a matter upon which he he is supposed to apply the law, alone.

It simply makes the ultimate reversal of Vinson's trasparently political opinion (and Hudson's, by implication) -- by the Supremes -- a year or so from now, far mor likely.

"Nice goin' there, Gator!"

Namaste, just the same -- even if you are not Jay Tee of

condor said...

Oh. Right. And. . . more, tonight -- from Professor Orin Kerr, here. . . he was the first to correctly spot the fatal flaw in Judge Hudson's analysis.