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Steve Smigie from Raymond James probes on the likely LoRa revenue target for FY17. $SMTC said that this year the company is expecting to get close to $30-40MM of revenue and the next year $50-60MM and the following year in the $100MM range. The company is looking at traction on the networking side and the census side.
$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.