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Provider of IT solutions $EMC's 1Q16 GM remained flat at 59.5%. During the quarter, the Information Storage segment decreased overall GM by 21 BP, the RSA Information Security segment decreased overall GM by 3 points, and the Pivotal segment decreased overall GM by 9 BP.
$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?