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NWS Smiths News

162.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Smiths News LSE:NWS London Ordinary Share GB00B17WCR61 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 162.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Dow Jones Newswires First to Report on Key Legal Victory for Merck as Judge Upholds Singulair Patent

31/08/2009 2:00pm

PR Newswire (US)


Smiths News (LSE:NWS)
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- Market-Moving News Caused Merck Shares to Surge - NEW YORK, Aug. 31 /PRNewswire/ -- On August 19, 2009, Dow Jones Newswires was ahead of the competition in reporting that a U.S. judge had upheld a patent for Merck's best-selling product, the asthma and allergy medication Singulair, preventing Teva Pharmaceutical Industries Ltd., the Israeli generics manufacturer, from selling copycat versions in the U.S. until the expiration of patent protection in 2012. This market-moving news caused Merck's shares to climb 4.1% on the day. Dow Jones was nine minutes ahead of Reuters and five minutes ahead of Bloomberg - which cited Dow Jones. More than 435,000 financial professionals in 66 countries turn to Dow Jones for breaking news, commentary and analysis, including market-moving corporate, economic, market, financial and political news. Reporting from nearly 90 bureaus across the globe, Dow Jones publishes up to 12,000 news items each day, in 11 languages, covering all asset classes. Dow Jones products help customers build relationships, create market opportunities and enhance trust in their services. For more information about Dow Jones Newswires, visit http://solutions.dowjones.com/, or to learn more about the Dow Jones Enterprise Media Group, visit http://www.solutions.dowjones.com/solutions. ABOUT DOW JONES Dow Jones & Company (http://www.dowjones.com/) is a News Corporation company (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV; http://www.newscorp.com/). Dow Jones is a leading provider of global business news and information services. Its Consumer Media Group publishes The Wall Street Journal, Barron's, MarketWatch and the Far Eastern Economic Review. Its Enterprise Media Group includes Dow Jones Newswires, Dow Jones Factiva, Dow Jones Client Solutions, Dow Jones Indexes and Dow Jones Financial Information Services. Its Local Media Group operates community-based information franchises. Dow Jones owns 50% of SmartMoney and 33% of STOXX Ltd. and provides news content to radio stations in the U.S. DATASOURCE: Dow Jones & Company CONTACT: Tiffany Richardson of Dow Jones Enterprise Media Group, +1-609-627-2101, Web Site: http://www.dowjones.com/

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