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$QCOM said that it is on track to close its TDK joint venture by early calendar 2017 and deliver the next-gen gallium arsenide and CMOS PAs in 2017. The company is on track to deliver operating margins of 16% or better in QCT in 4Q16. $QCOM's planning assumptions incorporate second sourcing at its large modem customer.
$YHOO is reporting today after market close. Nobody cares about this stock.
$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.