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$TEL's largest contributor to sales, Transportation Solutions posted 1Q16 net sales of $1,507MM, a decrease of 1.05% vs. 1Q15 due to a dip in Commercial Transportation organic sales of 5.2%. Industrial Solutions net sales decreased slightly vs. 1Q15 with Industrial and Aerospace, Defense, Oil and Gas all delivering negative results.
$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?