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Mark Mahaney of RBC Capital asks about stabilization of pricing on the display side. $YHOO said it is seeing some stabilization. When comparing 1Q16 and 2Q16, ads sold and price were consistent although they were down YoverY. A lot of this decline was due to mix shift which is now over. So $YHOO expects to see stabilization and increases in price.
$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?