TD Waterhouse Canada Inc. Reduces Stake in Merck & Co., Inc.

TD Waterhouse Canada Inc. has reduced its stake in Merck & Co., Inc. by 11% during the second quarter, according to a recent Form 13F filing with the Securities & Exchange Commission.

The fund owned 354,395 shares of Merck & Co., Inc.'s stock after selling 43,595 shares during the period.

The company's revenue was up 5.1% on a year-over-year basis, and analysts anticipate that Merck & Co., Inc. will post $2.76 EPS for the current year.