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$HPQ said its consumer gaming business is on track to double revenue by year end. In restructuring, the company said, about 400 people exited globally in 1Q16 as part of the restructuring activities announced in Sept. For the quarter, cash flow was disappointing with cash used in operations of $108MM and free cash flow used of $228MM.
$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?