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$SWKS, which competes with $ANAD said that it performed well in 1Q16 with revenue, profitability and earnings ahead of expectations, in spite of the challenging macro environment. During 1Q16, the company delivered revenue of $927MM, up 15% YoverY and operating income of $367MM that rose 30% YoverY, translating into a 39.6% operating margin.
$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?