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$JBL expects 1Q17 revenue of $4.8-5.0Bil, EPS of $0.05-0.36 and core EPS of $0.54-0.74. The GAAP EPS forecast are now expected to include $0.04 for amortization of intangibles, $0.13 for stock-based compensation expense and $0.21-0.32 for restructuring charges. $JBL sees 1Q17 operating income of $82-152MM and core operating income of $175-225MM.
$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?