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Deutsche Bank analyst Ross Seymore questions about the Wireless segment's puts and takes of normal seasonality. The sharper seasonality of the classic Avago would probably have reduced. Earlier Wireless used to be 40% of classic Avago revenues, whereas today after combining with Broadcom, it represents closer to 30% of total revenues says $AVGO.
$YHOO is reporting today after market close. Nobody cares about this stock.
$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.