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Data protection services provider $STX posted non-GAAP Opex in 3Q16 of $439MM, reflecting cost controls and lower variable compensation. Overall, inventory levels were down 11% sequentially. Capex of $95MM were in line with expectations. HDD shipments were 39.2MM units in the quarter.
$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.