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$APD said that its 3Q16 sales were $2.4Bil, down 1% vs. 3Q15 on lower energy pass-through and unfavorable currency impacts of 3% and 2%, respectively. Volumes were 4% higher mainly due to Jazan project. In other areas, volumes continued to be higher in Gases Asia and North America, offset by economic weakness in South America and Europe.
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?
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.
Looks like Uber will be paying $20 million to settle a US Federal Trade Commission lawsuit. FTC accused Uber of false and misleading claims about driver pay and stuff. Uber however neither denied nor admitted and will just be paying the $20 million.
$C gets hit with a $25 million fine for spoofing charges. Interesting! This is the first time a bank has been hit with such charges.