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$SNPS expects full year 2016 revenue of $2.36-2.40Bil, GAAP EPS of $1.67-1.79 and non-GAAP EPS of $2.95-3.00. The company predicts 2016 cash flow from operations of $510-530MM. Tax rate applied in non-GAAP net income calculations is expected to be 19% and fully diluted outstanding shares are projected to be $153-156MM range.
$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?