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$NVDA began wind-down of Icera modem operations in 2Q16. For the remainder of FY16, $NVDA expects to incur additional restructuring charges to operating expense of $15-25MM. These restructuring activities will impact about 5% of its global workforce and $NVDA expects them to be substantially completed by the end of FY16.
$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?