Biogen Prepares for Q3 Earnings Call

Biotechnology firm Biogen Inc (NASDAQ:BIIB) is scheduled to report third-quarter results before the open on Wednesday, Oct. 30. Ahead of the event, it was announced that Biogen's Executive V.P. and Chief Financial Officer Michael McDonnel will retire in February and be replaced by Robin Kramer. At last glance, BIIB was up 2% at $185.36. BIIB has a fairly dismal post-earnings history, as it's closed lower the day after earnings in seven of the last eight quarters. Shares averaged a 5.5% move the day after ea ...