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$SYMC expects 4Q16 revenue to be $873MM versus previous guidance of $885-915MM, due to a shift in enterprise security customer buying preferences resulting in less license revenue and more revenue being deferred to future periods. Company expects non-GAAP operating margin of 25% versus 26-28% and EPS of $0.22 versus previously guided $0.24-$0.27.
$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?