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Chandler, Arizona-based $MCHP said that 4Q16 results was very strong amidst a weak semiconductor industry backdrop. The company said that it achieved its high-end of net sales guidance and also exceeded the high-end of guidance for non-GAAP gross margin percentage, operating profit percentage and EPS.
$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?