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For 4Q16, $SYMC's non-GAAP operating margin was 25%. Cash flow from continuing operating activities for the March quarter totaled $1.2Bil. This includes $74MM and outflows related to restructuring and separation costs and $900MM benefit from taxes payable related to gain on the sale of Veritas.
$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?