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$VRTX's ORKAMBI net product revenue in the US increased on a monthly basis during 3Q15 as patients initiated treatment following approval in early July 2015. ORKAMBI revenue is expected to increase in 4Q15 as additional patients initiate treatment with ORKAMBI. If approved in 4Q15, $VRTX expects to recognize its first ex-US ORKAMBI revenue in 1H16.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.
Samsung chief Jay Y. Lee arrested under $36 million bribery charges. Stocks are also down. This is going to impact the sale of its Galaxy 8, set for April release. Here’s an opportunity for $AAPL to capitalize on a rival’s fall.