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Gary Mobley of Benchmark asks about the extension in the expected contract life, which is now at up to 2.6 years, if one large contract is driving that up. $CDNS said the company is generally focused on deal quality and maximizing deal quality. The company said it will vary and will continue to vary quarter to quarter.
$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?