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Bank of America Merrill Lynch analyst Vivek Arya probes on the broader spending environment, the upside in terms of bookings. $IDTI CEO Greg Waters said that spending is considered normal. The company sees positive strength in book-to-bill. Chinese infrastructure spending is quite robust and is expected to continue at least through 1Q17.
$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?