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$NTAP said its GM was 62.4% & within the guidance range. On a YoverY basis, product GM was down about 4.5 points, software maintenance GM was relatively flat, while hardware maintenance & other service GM rose just under 4 points YoverY. OpEx of $652MM fell 13% from a year ago, while operating margin of 12.1% was above the previous guidance range.
$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?