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In 4Q16, overall, $SNX expects strong performance and above market growth in both business segments. Within Technology Solutions, $SNX expects a flat but stable demand environment with cloud and cloud-enabling technologies to grow faster than the overall market. $SNX expects Concentrix to improve profitability in 4Q16.
$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?