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$GLW 2Q15 Q&A: Regarding a question asked by Mohan of BofA about display profitability expectations, Wendell commented that with less volume, GLW would expect not to have the ability to hit the flatness it’s hoping for in display; probably little bit down. Display team is working on how to do better on cost reduction in this period of lower demand.
$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?