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From a segments perspective $IBM's total revenue was down 1% and gross margin improved 80 BPs in 3Q15. Global technology services revenues was down 10% to $7.9Bil and global business services revenue was $4.2Bil, down 5%. Furthermore software revenue of $5.1Bil was down 3% and is in line with the trajectory $IBM has seen all year.
$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?