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$NFLX expects 3Q16 US net additions of 0.3MM. The company expects US contribution margin to improve YoverY in both 3Q16 and 4Q16 and anticipates meeting its 40% US contribution margin target by 2020, or even earlier. For 3Q16, $NFLX expects international net additions of 2MM and international contribution loss of $95MM.
$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?