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Chip maker $KLAC reported a rise in its 3Q16 earnings, despite lower revenue. $KLAC said its net income increased to $176MM or $1.12 per share during the quarter compared to $132MM or $0.81 per share during the prior year. Revenue came in at $712MM vs. $738MM during 3Q15. Excluding items, $KLAC earned $1.15 per share.
$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?