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David Tamberrino of Goldman Sachs asks about the strength and the sustainability of margin improvement in Europe. $GT said Europe is a good market despite some of the ongoing unsolved economic issues. The market is growing there in mainly 17 inch and above and the market is still demanding excellent technology driven by the OEMs.
$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?