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$BMY stated that Erbitux's rights were transferred to ImClone LLC, a wholly-owned subsidiary of $LLY, on Oct. 1, 2015 and hence the company no longer reports revenues. In 4Q15, total royalties for Erbitux in both the US and Japan were approx. $60MM and were recorded in other income.
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.