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$INTC 2Q15 Call: Desktop and notebook unit volumes were down due to lower demand in business segment and in emerging markets. Own inventory declined in units, but grew in dollars. Purchased $1.8Bil in capital assets. Net cash balance at 2Q15-end was approx. $4Bil. Expects completing Altera acquisition over next two to three quarters for $16.7Bil.
$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?