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$LLY said that its 1Q16 non-GAAP OpEx as a percent of revenue was up slightly vs. 1Q15 due to the baricitinib milestone payments to Incyte, which totaled $55MM in the quarter. Excluding these payments, OpEx percent was flat. The company expects 2016 OpEx, which at midpoint of the ranges implies an improvement of 200-250 BP.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.