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$AMD and Nantong Fujitsu Microelectronics Co., Ltd. said that they have closed the transaction to create a JV offering differentiated assembly, test, mark, and pack (ATMP) capabilities to both AMD and a broader range of customers. The deal is expected to be cost neutral to $AMD's P&L while significantly reducing its CapEx.
$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?