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Morgan Stanley analyst Keith Weiss questions $MSFT whether moving $BA workloads into Azure was a one-time thing or something to be done more frequently. CEO Satya Nadella says that all customers of Azure are taking some of their assets & converting them into SaaS apps. $MSFT will have distribution agreements with this & it will be done frequently.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?