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Paint and coatings maker $SHW reported a rise in 2Q16 earnings driven primarily by improved operating results of the Paint Stores and Global Finishes Groups as well as continued positive sales volume. Net income rose to $378.06MM or $3.99 per share from $349.94MM or $3.70 per share last year. Net sales grew to $3.22Bil from $3.13Bil.
$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?