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For 3Q16, $PAY expects non-GAAP net revenues of $515MM and non-GAAP diluted EPS of $0.40. For FY16, $PAY updated its outlook for non-GAAP net revenues to $2.100Bil and non-GAAP diluted EPS to $1.85. $PAY is conducting a strategic review and estimates these activities in total will generate approx. $30MM of savings in 2017.
$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?