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Ben Swinburne of Morgan Stanley asks about the Hulu products. CEO Reed Hastings said $NFLX has not seen impact from existing Hulu. Sling TV is in the market today and the company's penetration among Sling TV users is quite high. It must be thought of as cable getting better or MVPD getting better and Hulu is a potential example of that, added Reed.
$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?