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During 3Q16, $HPQ said that net revenue of $11.9Bil was down 4% YoverY as reported or down 1% in constant currency. The revenue trajectory improved significantly in the Americas and EMEA, and APJ continued to perform well. GM of 18.3% was down 0.5 points YoverY driven by the unfavorable mix shift to Personal Systems and the reduction in Supplies.
$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?