October 2, 2022
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Amgen reports strong fourth quarter income but weaker forecast for 2019

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Thousand Oaks biotech heavyweight Amgen reported increases in fourth quarter and full-year revenue Jan. 29, alongside strong increases in net income boosted by share repurchase programs and tax windfalls. But the company delivered a weaker-than-expected forecast for fiscal 2019, prompting shares to slip by around 2.4 percent in after-hours trading to $187.50, down from a…

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