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Energy and water meter company $ITRI reported a rise in 1Q16 earnings driven by increased volumes, favorable product mix, manufacturing efficiencies and lower special warranty costs in Water Segment. Net income rose to $10.09MM or $0.26 per share from $5.4MM or $0.14 per share last year. Non-GAAP EPS increased to $0.44 from $0.22.
$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?