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Rich Valera of Needham & Company asks about $MENT's auto business. CEO Walden Rhines said it was 15-20% of the overall business and it was toward the higher end of this range in 1Q17. He also implied that it would continue to grow as a percent of revenue going forward.
$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?