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Revenue in $MU's Computing and Networking Business Unit was down 14% and Embedded Business Units was down about 2% sequentially. This decline was primarily due to the recent softness in the PC market. Storage Business Unit revenue was down 6% sequentially, while Mobile Business Unit revenue was up slightly sequentially in 4Q15.
$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?