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$ADBE EVP, CFO Mark Garrett said, "Record revenue with strong profit and cash flow highlight our second quarter results. Based on our first half performance and momentum, we're on track to meet or exceed all of our annual fiscal year 2016 targets." $ADBE said cash flow from operations was $489MM, and deferred revenue grew to $1.68Bil.
$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?