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$IDTI said in its Communications Infrastructure segment, revenue was essentially flat compared to 4Q16, with strength in sales of RF and timing offsetting lower SRIO sales. Total Comms Infrastructure revenue represented 41% of total company sales in 1Q17.
$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?