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$VRTX reiterated its 2016 net product revenue guidance for Kalydeco of $670-690MM and forecast for non-GAAP operating expenses, excluding cost of revenues, of $1.18-1.23Bil. $VRTX expects 2016 non-GAAP research and development expenses of $850-880MM and non-GAAP selling, general and administrative expenses of $330-350MM.
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.