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$CELG said net sales for OTEZLA were $242MM, up 170% YoverY and up 24% QoverQ. The majority of revenues are derived from the US and the company is seeing strong metrics in Europe. $CELG has achieved favorable reimbursement positions in 14 countries in Europe and expects to conclude discussions in most of the remaining countries in 3Q16.
What will be an ideal EPS range for $PZZA in its earnings today?
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.