Amgen (AMGN) falls on Q4 earnings report
Posted on January 24, 2013 at 11:13 AM EST
Normal 0 false false false MicrosoftInternetExplorer4 Shares of Amgen Inc (NASDAQ:AMGN) ditched 0.4% to $82.72 after the company late Wednesday after the company posted its fourth-quarter earnings which fell short of Wall Street expectations. For the quarter, the company earned net income of $788 million, or $1.01 per share, down by 16% in comparison to last year. Share volume was 1.8 million, compared to an all-day average of 4.5 million /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;}