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$BBRY 1Q16 PR: Revenue for 1Q16 was $658MM. The revenue breakdown for the quarter was approx. 40% for hardware, 38% for services and 21% for software and technology licensing. Net income for the 1Q16 was $68MM compared to $28MM in 4Q15 and $23MM in 1Q15. Operating cash flow was $134MM with free cash flow (operating cash flow minus CapEx) of $123MM.
$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?