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Romit Shah of Nomura probes on the option of a partnership to reduce Capex and other expenses in the NAND business. $MU said it is always looking to improve its competitive position. $MU will evaluate partnerships that will provide strategic benefits to the entire company in the long-term as opposed to a short-term fix.
$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?