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Maker of connectivity and sensor solutions $TEL posted 1Q16 net income of $353MM or $0.91 per diluted share vs. $472MM and $1.14 per diluted share in 1Q15. Earnings fell 25% due to the US dollar impacting revenue and weakness in industrial markets along with soft demand in China. The company's adjusted EPS was $0.84, down 6% vs. 1Q15.
$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?