Drug and vaccine maker Merck & Co. Inc. said it suffered a global disruption in its operations when it was the victim of an international cyber attack in June, halting production of its drugs, which will hurt its bottom line for the rest of the year. The company said it does not yet understand the […]
Goldman Sachs says investors are increasingly wary of tight corporate profit margins. Company response: Don’t worry. The measure in question is National Income and Product Accounts (NIPA) profit margin – a data calculated by the government which fell to 10.6% in the first quarter of 2017, against 12.3% two years earlier. Goldman says this has […]