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Profit for the microchip maker $MCHP declined 29% in 3Q16, hurt by a turbulent macro and semiconductor industry backdrop. The chip-maker reported 3Q16 net income of $61.2MM, or $0.28 per diluted share, down from net income of $86.1MM, or $0.39 per diluted share, in the prior year quarter. Net sales grew 2.2% YoverY to $540.3MM.
$YHOO is reporting today after market close. Nobody cares about this stock.
$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.