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$FB said that in 1Q16, the company has over 3MM active advertisers on Facebook and over 200,000 on Instagram. Europe and Rest of World grew ad revenue at 49% and 35% respectively, with Rest of World impacted by foreign exchange headwinds. In 1Q16, the avg. price per ad rose 5%, while total ad impressions rose 50%.
$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?