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BofA Merrill Lynch analyst Krish Sankar questioned about the company's viewpoint regarding EDA purchases. $CDNS CEO Lip-Bu Tan said that semiconductor business conditions remain challenging. The company sees a lot more design opportunity in terms of perforating its tools and solutions in various markets.
$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?