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.
1110112
Questions? Comments?
Trader disclosure:
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
