Merck Bets On INDIA and 3 Stocks Moving The Dow

Merck & Co. Inc. (NYSE:MRK): Unidentified officials in India have told the New York Times that their government is thinking about providing a number of essential medications for free at state-run clinics and hospitals. The program, which might be approved next month, will supply hundreds of the drugs, and is projected to cost $5 billion over five years.

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Microsoft Corporation (NASDAQ:MSFT): Hewlett-Packard (NYSE:HPQ) will introduce a 10-inch Windows RT tablet with processors from Texas Instruments (NYSE:TXN) processors in the fourth quarter of 2012, and in the same period Dell (NASDAQ:DELL) will launch a tablet that will be powered by Qualcomm (NASDAQ:QCOM), according to supply chain sources to DigiTimes.

Pfizer Inc. (NYSE:PFE): Unidentified officials in India have told the New York Times that their government is thinking about providing a number of essential medications for free at state-run clinics and hospitals. The program, which might be approved next month, will supply hundreds of the drugs, and is projected to cost $5 billion over five years.

United Technologies Corporation’s (NYSE:UTX) $16.5 billion acquisition of Goodrich (NYSE:GR) is expected to be okayed by the European Commission, following UTX’s divestiture of assets in the United Kingdom and in the United States, say sources to Reuters.

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