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Database giant $ORCL posted 3Q16 net income of $2.14Bil, or $0.50 per diluted share, down 14% from net income of $2.5Bil, or $0.56 per diluted share, in the prior year quarter. The company said that strong U.S. dollar had a significant impact on this quarter's result. Revenue fell 3% YoverY to $9.01Bil, despite cloud revenue growing 40% YoverY.
$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?