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For 2016, $CDNS expects bookings in the range of $2.0-2.1Bil, which equates to 8% growth at the midpoint, non-GAAP operating margin of approx. 26% and operating cash flow in the range of $380-420MM. 2Q16 non-GAAP operating margin is expected to be approx. 25% for the full-year 2016.
$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?