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Biopharmaceutical major firm Bristol-Myers Squibb Co. (NYSE:BMY) reported experts topping fourth-quarter 2012 net earnings attributable to the firm of $925 million, or $0.56 per share, as compared to $852 million, or $0.50 per share, last year same quarter.
For the recently ended quarter net sales came in $4.19 billion which were 23% lower, in contrast with the last year's $5.45 billion, after the US patent expiration of Avapro/Avalide in March 2012 and Plavix in May 2012. Experts revised revenues of $4.12 billion for the quarter.
How Bristol-Myers Squibb Co. shares price would react to this bubbly report? Click here to reveal
Shares of Bristol-Myers Squibb Co. (NYSE:BMY) were excited after the financial call and were trading above 2% during regular trading session on thursday.
On average, 15 experts surveyed by Thomson Reuters predicted earnings per share of $0.43 on $4.12 billion sales for the quarter.
Sirius XM Radio Inc (NASDAQ:SIRI) is collaborating with Comedy Central to release a latest channel on the satellite radio service, which would be committed to showing the stand-up comics of the TV network. Comedy Central is a cable and satellite TV channel in the US that gives comedy programs.
Will this boost up Sirius XM Radio stock price among high volatility? Get your answers here
Sirius XM Radio (NASDAQ:SIRI) stock was fighting its way out of bearish claws with negative change of -0.96%.
Both the firms lately reported that they are looking ahead to launching the channel this spring. Sirius XM (SIRI) presently has eight channels committed to comedy including Blue Collar Comedy, Laugh USA, Jamie Foxx’s Foxxhole and Raw Dog Comedy.
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