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For 2Q17, $IDTI expects revenue to come in at approx. $184MM, plus or minus $5MM. Revenue in the Communications end market is expected to be down by about $11MM or 14%. The company expects revenue in Computing to increase by approx. 4% and Consumer to be essentially flat from 1Q17. Automotive & Industrial is expected to grow by 6% to about $17MM.
$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?