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The Dallas, Texas-based $TXN expects 1Q16 revenue in the range of $2.85-3.09Bil, and EPS between $0.57-67. This outlook includes about a $150MM decline in revenue from a year ago within a sector of the personal electronics market. Aside from this, overall expectations for the remainder of its business are about even with 1Q15.
$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?