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$QCOM expects amortization expense related to intangible assets and acquired in-process research and development, beginning upon the expected completion of the underlying projects, to be $727MM, $593MM, $550MM, $515MM and $445MM for each of the subsequent 5 years from FY16 through FY20, respectively, and $912MM thereafter.
$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?