Amgen 2015 outlook tops estimates, no plan to split; shares jump
By Bill Berkrot NEW YORK (Reuters) – Amgen Inc , which has come under investor pressure to split the company, said Tuesday it has no plans to do so and forecast 2015 earnings and revenue well ahead of analysts' projections, sending shares up 5 percent. The company will boost its dividend by 30 percent, resume share repurchases, and hopes to improve its operating margin by 15 points, it said at a business update for analysts and investors. "The operating margin improvement is real and that's probably the most positive thing people will take away," said Sanford Bernstein analyst Geoffrey Porges. …
