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As of 1Q16-end $LRCX had $2.5MM of total unrecognized compensation cost related to unvested stock options granted and outstanding. $LRCX expects to recognize these costs over a weighted-average remaining vesting period of 1.9 years. As of 1Q16-end, there was $169.9MM of total unrecognized compensation expense related to unvested RSUs granted.
$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?