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For 3Q16, $MU expects non-GAAP consolidated revenue to be in the range of $2.8-3.1Bil, GM in the range of 16.5-19.0%, OpEx to be between $560-610MM, operating income to range between a loss of $70MM and income of $10MM and an earnings range of between a loss of $0.12 per share and a loss of $0.05 per share based on 1,036MM diluted shares.
$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?