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$AMAT said that the company expects OpEx to increase by about $10MM sequentially in 3Q16 and stay at this level in 4Q16. $AMAT ended 2Q16 with 1.1Bil shares outstanding, the level targeted in the company's 2018 model. The company has also completed 95% of the $3Bil authorization announced in last April and expects it be completed in 3Q16.
$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?