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$SWKS' operating margin for 1Q16 increased by about 500 basis points to about 36% from the previous year quarter. This increase was primarily related to higher revenue and the leveraging impact on its gross margin and operating expenses partially offset by higher employee compensation expense.
$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?