Less than a year after a two-for-one stock split, Amgen Inc. onThursday said it is considering splitting the stock again.Shares of the Thousand Oaks, Calif., company jumped $4.50 onThursday, closing at $133.75 on the first day of trading afterthe company reported that revenue doubled and profits increased80 percent in its fiscal year ended March 31. "We are activelylooking at having a stock split," said company spokeswoman KimberlyDorsey. "At this point we don't have sufficient authorized shares,and we can't do anything until we hold our annual stockholders'meeting on July 24 and it can be voted on." Amgen usually sends outits proxy in late June. Amgen instituted a two-for-one stock spliton Aug. 10 of last year.
DNAP'S SNACKS ENTER MORE McDONALD'S
DNA Plant Technology Corp. of Cinnaminson, N.J., on Wednesdaysaid it is expanding distribution of its carrot and celery stickproducts into McDonaldLs restaurants in the Washington, D.C.,and San Jose, Calif., areas. The foods, produced in a jointventure with Du Pont using DNAPLs (NASDAQ:DNAP) tissueculture technology, had been tested by McDonaldLs in New Yorkand Pennsylvania markets.
-- Kris Herbst BioWorld Washington Bureau
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