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$MU's gross margin slid to 32% for 2015 from 33% for 2014, on falls in average selling prices partially offset by manufacturing cost reductions. Gross margin in Compute and Networking Business Unit and Storage Business Unit slid on declines in average selling price, while Mobile Business Unit margin improved on manufacturing cost reductions.
$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?