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$CIEN said the company expects 4Q16 revenue in the range of $700-730MM. The company also added that adjusted non-GAAP gross margin is expected in the mid-40s percentage range and adjusted non-GAAP OpEx is expected to be in the range of approx. $230-235MM for 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?