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$TXN 2Q15 Call: Revenues declined 2% from a year ago inclusive of notably weak demand in communications equipment and continued strong demand in automotive. In the quarter, we also had about $45MM negative impact YoverY from FX rates. Our core businesses of Analog & Embedded Processing together grew slightly YoverY and comprised 85% of 2Q15 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?