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$NWS said its 3Q16 OpEx fell $120MM, or 10% YoverY . The decline in OpEx for the quarter was mainly due to a decrease in operating expenses at the News and Information Services segment of $98MM. The impact of foreign currency fluctuations of the US dollar against local currencies also resulted in a 3Q16 OpEx decline of $32MM.
$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?