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$SWKS expects 3Q16 revenue of $750MM with a 200 basis point YoverY improvement in gross margin driving non-GAAP EPS of $1.21.CFO Donald Palette said that during the June quarter $SWKS expects to be impacted by an inventory adjustment at a large customer, partially offset with gains across broad markets and crisp operational execution.
$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?