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UBS analyst Brent Thill questions $MSFT whether it saw additional strength on top of some the closed transactions on the transactional business in 4Q16. CFO Amy Hood says that there were some deals that were done in 4Q16. The company focuses on these deals moving to Cloud over time. The main focus is on annuity growth and digital transformation.
$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?