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Semiconductor supplier $SMTC said bookings in 1Q17 increased sequentially, resulting in a book to bill of above 1 and sales bookings accounted for approx. 53% of shipments during the quarter. The company also said opex fell 2% sequentially and in 2Q17, $SMTC expects its opex on a GAAP basis to be about flat with the prior quarter.
$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?