Want to join the conversation?
$GRMN, which competes with Dutch navigation giant TomTom, forecast FY16 EPS to be about $2.25, on revenue of $2.82Bil. The company expects its FY16 gross margins to be approx. 54.5%. Operating margins is expected to drop by about 18%, due to R&D and acquisition expenses.
$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?