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$STX announced preliminary financial information for 1Q17 and expects to report revenue of approx. $2.8Bil, and GAAP and non-GAAP GM of approx. 29%. The company also expects to report HDD exabyte shipments of approx. 67 exabytes, reflecting unit shipments of approx. 39MM and average capacity per drive of 1.7 terabytes.
$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.