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Biotechnology company $REGN's 1Q16 EYLEA net product sales grew to $780.9MM versus 1Q15, due to higher sales volume. Company recognized ARCALYST net product sales of $3.3MM in the quarter. For 1Q16, $REGN recorded 60% of its total gross product revenue from sales to Besse Medical, a subsidiary of $ABC.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.
Looks like Uber will be paying $20 million to settle a US Federal Trade Commission lawsuit. FTC accused Uber of false and misleading claims about driver pay and stuff. Uber however neither denied nor admitted and will just be paying the $20 million.