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$AMAT said its new orders were $3.66Bil in 3Q16, up 6% sequentially and up 26% YoverY. Backlog of $4.95Bil was up 19% sequentially and up 60% from last year. The company generated $981MM in cash from operations, paid dividends of $108MM and used $196MM to repurchase 9MM shares of common stock at an average price of $21.88 in 3Q16.
$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?