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$SNDK's gross margin for 3Q15 fell to 41% from 47% last year, reflecting 37% drop in blended average selling price per gigabyte, offset by 29% dip in average cost per gigabyte. Cost reduction was derived from technology transitions, non-memory cost reductions and weaker JPY, offset by higher inventory-related charges and usage of non-captive memory
$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?