MIXED RESULTS: Biotech drugmaker Amgen's third-quarter profit plunged 63 percent to $454 million, on higher costs and charges totalling $950 million. Adjusted income beat expectations, though.
PROBES ENDING: The big charge was $780 million for a planned settlement of multiple whistlelower cases and federal and state investigations of Amgen's marketing and other practices, including alleged kickbacks, dating to 2007.
ENCOURAGING INVESTORS: Amgen raised its 2011 revenue and profit forecasts and increased its share buyback program to a total of $10 billion.
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