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Analyst asks about why the company had to reduce the quality of streams on certain wireless carriers. $NFLX CEO Reed Hastings said mobile generally has small data caps and expensive per gigabit charges. The company wanted to save data for its users by using very small codes, especially when being watched in a 4-5 inch screen.
$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?