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$AVGO 3Q15 PR: Net revenue was $1,735MM, increased 7% from $1,614MM in the previous quarter and increased 37% from $1,269MM in the same quarter last year. Net income, which includes the impact of discontinued operations, was $240MM compared to a net loss of $164MM in the same quarter last year. Operating income was $299MM or 17% of net 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?