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Electronic design innovation company $CDNS posted lower 2Q16 results, hurt by higher expenses. $CDNS said net income fell 15.16% to $49.34MM, or $0.17 per share from $58.16MM, or $0.19 per share a year ago. Revenue for the quarter rose 8.89% to $453MM. Excluding items, $CDNS earned $0.29 per share.
$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?