On Tuesday, Merck & Co Inc  reported second-quarter sales of $16.1 billion, up 7% year-over-year, beating the consensus estimate of $15.84 billion. Excluding the impact of foreign exchange, sales increased 11%. Merck ( MRK ) reported adjusted EPS of $2.28, a shift from an EPS loss of $(2.06), beating the consensus of $2.15. The pharmaceutical unit booked $14.41 billion in revenue, up 7% year over...

(Reuters) -Amazon.com is responsible under federal safety law for hazardous products sold by third-party sellers on its platform and bears legal responsibility for their recall, the U.S. Consumer Product Safety Commission (CPSC) said on Tuesday. The agency said it has issued an order for Amazon ( AMZN ) to propose remediation plans to notify consumers about the hazardous products and...

08:45 AM EDT, 07/30/2024 (MT Newswires) -- BGC Group ( BGC ) reported Q2 adjusted earnings Tuesday of $0.23 per share, up from $0.20 a year earlier. A single analyst polled by Capital IQ expected $0.23. Revenue for the quarter ended June 30 was $550.8 million, up from $493.1 million a year earlier. A single analyst surveyed by Capital IQ...

08:43 AM EDT, 07/30/2024 (MT Newswires) -- Delta Air Lines ( DAL ) has hired attorney David Boies to pursue potential damages from CrowdStrike Holdings ( CRWD ) and Microsoft ( MSFT ) after an outage earlier this month, CNBC reported late Monday. The report said no lawsuit has been filed, but the airline wants compensation from CrowdStrike ( CRWD...