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Heather Bellini from Goldman Sachs asks about how the growth in operating income translates into growth in operating margins. $ORCL CEO Safra Catz said the company expects the operating margins to go up also as this continues. Cloud margins are going through the roof. Revenue is also increasing and operating income & margins improving over time.
$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?