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$CSC's 1Q17 commercial operating margin was 8.3%, up 80 BPs YoverY. Total bookings in the quarter were $1.6Bil, representing a book-to-bill ratio of 0.8x. GBS reported bookings of $740MM and GIS bookings were $870MM in the quarter. Commercial CapEx was $148MM or 7.7% of revenue, down 70 BPs YoverY. Cash at end 1Q17 was $1Bil.
$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.