There’s breaking news tonight that Merck (MRK), one of the world’s biggest drug companies, has raised its guidance for the entire year. As a final trade, everyone likes MRK.
Tim says this news is fantastic, especially after the FDA rejected the company’s painkiller Arcoxia late this afternoon.
On APR 12 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders:
Strazzini Owns (SNDK), (NWS.A)
Macke Owns (SWY)
Najarian Owns (ARO), (AMLN), (BRCM), (CAT), (COST), (KSS), (MEDI), (PENN), (AAPL), (TLM), (EDS), (BSX)
For the record:
Strazzini Owned (SNDK), (BRCM) On 3/9/07