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Actionable news in BIIB: Biogen Idec Inc.,

Biogen stock surges nearly 6% on Q2 profit, revenue beats

Biogen Inc. BIIB, +4.67% shares surged 5.8% in premarket trade Tuesday after the company reported second-quarter profit and revenue beats. Earnings for the latest quarter fell to $863 million, or $4.07 per share, from $1.05 billion, or $4.79 per share in the year-earlier period. Adjusted earnings-per-share were $5.04, compared with the FactSet consensus of $4.37. Revenue rose to $3.08 billion from $2.89...


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