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Weston Twigg of Pacific Crest asks for an update on logic spending. CFO Bob Halliday said in logic, $AMAT has a major US company and also some Japanese companies and things like that. He added that the logic spending is down 5-10% in 2016, and up flat to 5% in 2017.
$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?