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US chipmaker $QCOM posted earnings increase of 22% for 3Q16, helped by higher results of operating income & income before income taxes. Net income was $1.4Bil or $0.97 per diluted share vs. $1.2Bil or $0.73 per diluted share in 3Q15. Net revenues rose 4% to $6Bil vs. 3Q15, helped by higher revenues in equipment & services and licensing businesses.
$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?