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$EA 1Q16 Call: Mobile generated $122MM in 1Q16. Digital extra content and advertising was up 11% vs. 1Q15 to $115MM, while premium mobile full game download revenue $7MM, down 56% YoverY. Full game PC and console download revenue up 18% YoverY. Non-GAAP GM was 76.8%, an increase from 70.2% in 1Q15. Non-GAAP OpEx were $472MM, up $13MM or 3% YonY.
$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?