Small Cap Market Update from SmallCapVoice.com
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Hot Stocks To Watch
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Company: GreenChek Technologies Inc. (OTCBB: GCHK)
Last Trade:
Price: 0.34
Change (%): + 0.04 (13.33)
Volume: 45,500
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Recent News
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GreenChek Expands Manufacturing to China
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Stocks are mixed amid Merck’s announcement to acquire Schering-Plough
Wall Street managed an advance Monday after drugmakers Merck and Schering-Plough announced a $41 billion deal.
Big acquisitions tend to galvanize the stock market, and news of the Merck-Schering-Plough deal did help lift stocks from an early decline. Still, investors were still extremely pessimistic as they waited for clues about when the economy might turn around.
Merck & Co. has offered Schering-Plough shareholders $10.50 in cash and just over half of one Merck share for each of their shares. The price represents a 34 percent premium to Schering-Plough’s closing stock price on Friday.