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Credit Suisse analyst John Pitzer questions $AVGO on the Wireless guidance, whether the North American and Korean customer grow sequentially in July. CEO Hock Tan says that its largely from certain North American customers that's the driving the bulk of the growth. The Korean customers do show growth as well on its own.
$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?