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$MRK said it agreed to pay $830MM to settle lawsuit relating to Vioxx pain medication. $MRK's cash payment for settlement and fees will be about $680MM, for which it will record charge in 4Q15, which will be excluded from non-GAAP results. $MRK still faces previously disclosed individual securities lawsuits related to Vioxx.
For the past few years, $AAPL has been buying domains with the iCloud name. According to a report from TechCrunch, the latest acquisition was of the domain name iCloud.net.
$AAPL just released the first look of its $5 billion Cupertino campus, now named Apple Park. Take a look.
Looking forward to the first $TSLA earnings after SolarCity acquisition.