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$TDC 1Q15 10-Q: Gross margin decreased to 47.6% in 1Q15, down from 53.0% in 1Q14, driven by lower product margin. Decrease in product GM was caused by the high mix of hardware versus software deals, which was driven by a few large transactions in 1Q15. Services GM was positively impacted by the increased mix of higher margin maintenance revenue.
$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?