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ANALYST: Most investors respect the Merck CEO's decision to...

19:02 EDT 16 Aug 2017 | Topix

Most investors respect Merck CEO Kenneth Frazier's decision to resign from US President Donald Trump's manufacturing council, a move that preceded the outflow of other executives and led to the eventual disbanding of two panels mostly made up of business leaders.That's according to a BMO Capital Markets analysts' note, which we first spotted thanks to CNBC's Meg Tirrell. "Based on our conversations with investors, we believe most respect Mr. Frazier's decision," the analysts wrote.

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Merck and Co
Merck & Co is the 7th largest pharmaceutical company in the world based on annual sales, which reached $25,236m in 2009. They have developed 14 vaccines and over 40 prescription products in the major therapeutic areas of cardiovascular disease, respi...