Merck Gets Split Decision in Vioxx Trial

Yesterday, a jury awarded a man $4.5 million after finding that Vioxx contributed to his heart attack, but two plaintiffs received almost nothing. Today, the punitive phase of the trial begins.
Bed Bath & Beyond (BBBY) looks to open at $41 a share. Lehman Brothers (LEH) finally announced a 2-for-1 stock split. Bonds are lower this morning, especially the long-end of the yield curve. The 30-year yield is up to 4.94%.
In Slate, Daniel Gross looks at the stock market and presidential approving ratings: “Stocks did better when presidents were doing poorly, and they did worse when presidents were more popular.” Strange.

Posted by on April 6th, 2006 at 9:16 am


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