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Flash storage giant $SNDK reported a decline in 4Q15 earnings due to a 11% drop in revenue. Net income fell to $135.47MM or $0.65 per share from $201.89MM or $0.86 per share last year. Revenue dropped to $1.54Bil from $1.74Bil. Non-GAAP EPS decreased to $1.26 from $1.30.
$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?