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$QCOM's 2Q16 QCT segment EBT, as a percentage of revenue, fell due to the impact of lower revenue relative to OpEx and decreases in GM percentage. QTL EBT was impacted negatively by units that are not being reported by some licensees and sale of some unlicensed products. QSI EBT rose mainly due to increase in net realized gains on investments.
$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?