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$HPQ's Personal Systems segment 2Q16 net revenue fell 9.9% versus 2Q15, due mainly to weak market demand and unfavorable currency impacts. Printing net revenue fell 15.8%, mainly driven by weak demand, unfavorable currency impacts and competitive pricing pressures. Printer unit volume fell 16% while average revenue per unit was about flat.
$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?