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$AMGN CFO David Meline said 4Q15 other revenue of $207MM increased $50MM versus 4Q14, reflecting an increase in royalty income and a milestone payment recognized in the quarter. He also added that adjusted operating income at $2.4Bil grew 16% from the prior year and adjusted operating margin improved 5 percentage points to 44% in 4Q15.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
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?