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G&A expenses in 2Q15 were $8.8MM, down $0.3MM or 3.3% from $9.1MM in 2Q14. The decline was mainly due to a $0.5MM decrease in patent and trademark fees. $ARNA expects G&A expenses in 2015 to be higher than that of 2014. R&D expenses in 2Q15 were $24.2MM, down $2.8MM from $27MM in the same period last year.
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?
$YHOO is reporting today after market close. Nobody cares about this stock.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.