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Including Ruckus $BRCD expects 4Q16 SAN product revenue to be up 1-4% QoverQ and IP Networking product revenue to be up 17-22% QoverQ. The company expects non-GAAP GM to be between 66.5-67.5% and non-GAAP operating margin to be between 19.0-20.5% for 4Q16. Non-GAAP EPS is expected to be between $0.21-0.23 for 4Q16.
$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?