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$NTAP 1Q16 PR: Net revenues were $1,335MM compared to $1,489MM in 1Q15. GAAP net loss was $30MM compared to GAAP net income of $88MM in 1Q15. Gross profit was $816MM compared to $938MM in 1Q15. NTAP ended the 1Q16 with $5Bil in total cash, cash equivalents & investments and generated $129MM in cash from operations.
$YHOO is reporting today after market close. Nobody cares about this stock.
$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.