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In 2016, $FB expects cost of revenue to increase due to the expansion of data center capacity and technical infrastructure for user growth, increased user engagement and delivery of new products and services. In 2016, $FB also plans to continue hiring software engineers and other technical employees & increase investment to support R&D initiatives.
$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?