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Bank of America analyst Wamsi Mohan asks $IBM to comment specifically, with respect to Global Business Services, what some of the offsets were on the revenue line. CFO Martin Schroeter says that the company saw some strong deceleration or declines in the core of that. $IBM is continuing to shift its skills and resources out of that marketplace.
$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?