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Chris McGinnis of Sidoti & Company asks about the KBZ acquisition. $SCSC said one of the challenges it is facing is around one vendor who has a different quarterly year than the company. This affects $SCSC's ability to be accurate in its forecast. $SCSC does not believe this reflects the strength of the business but only the timing of revenues.
$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?