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Maker of high-performance integrated circuits $ADI posted lower 1Q16 net income of $164.5MM or $0.52 per diluted share vs. $178.7MM or $0.57 per share in 1Q15, hurt by lower operating income results in the quarter. Total revenue fell 0.33% to $0.77Bil vs. 1Q15, hurt by higher cost of sales during the 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?