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In 2Q17, $SMTC's signal integrity product group net revenue declined from 1Q17. Protection product net revenue rose 16% and wireless and sensing product net revenue rose 34% from prior quarter. Power and high reliability product net revenue grew 10% sequentially. In 2Q17, $SMT released 18 new products and achieved 1,857 new design wins.
$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?