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Chandler, Arizona-based chipmaker $MCHP said that 3Q16 will be the strongest quarter of the year in Europe, but will be offset by the negative impact of Chinese New Year holidays. The company expects 4Q16 adjusted EPS to be in the range of $0.65-0.69 per share, with adjusted gross margin to be between 57.9% and 58.1% of sales.
$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.