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$WDC revised its 1Q17 expectations to take into account its acquisition of $SNDK. The company now expects its 1Q17 revenue to be in the range of $4.45-$4.55Bil compared to its earlier forecast of $4.4-$4.5Bil. $WDC now expects 1Q17 EPS, on a non-GAAP basis to be in the range of $1.00-$1.05, compared with its earlier forecast range of $0.85-$0.90.
$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?