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$AMGN said other revenues at $288MM in 1Q16 increased $129MM versus 1Q15. Other revenues benefited both from an upfront partner payment for a licensing transaction representing almost 40% of total other revenue for 1Q16 and higher Ibrance royalty income.
You are such a letdown $FII. I regret not selling you when you were nearing $33. Now I am stuck with you, you are stuck with me!
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!