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Merck & Co., Inc. (NYSE:MRK) Sued For Using Patented Method In Developing Cancer Drug ‘Keytruda’

Boston, MA 09/09/2014 (wallstreetpr) – Bristol-Myers Squibb Co (NYSE:BMY), along with its partner ONO PHARMACEUTICAL CO., LTD., sued Merck & Co., Inc. (NYSE:MRK) for patent infringement. The matter concerns Merck’s newly launched drug, ‘Keytruda,’ which is aimed at treating the deadly skin cancer melanoma. As the drug received approval from the U.S. Food and Drug Administration on […]

Michael Kors (NYSE:KORS) Declares Upbeat Earning – KORS, GPS, AEO, ANF, LTD

Michael Kors Holdings Ltd (NYSE:KORS) declared on Tuesday that that fiscal Q2 net income over tripled. The retailer reported that it generated $97.8M, or 49 cents a share, increased from $31.6M, or 22 cents a share, in the similar quarter previous year. Revenue surged by 74% to $532.9M from $305.5M. Analysts had anticipated earnings of […]