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$PDCO, which competes with $XRAY, $MWIV and $HSIC, said that 3Q16 consolidated operating margins fell 70 BP. However, with the additional earnings from Animal Health International, the company's operating income rose by $28MM to $108MM, up 35% vs. 3Q15. Organic consolidated operating margin averaged 8.9%.
$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?