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Maintenance and cleaning product company $WDFC reported a rise in 2Q16 earnings driven by lower costs and higher margins. Net income rose to $13.67MM or $0.94 per share from $11.33MM or $0.76 per share last year. Net sales fell by 3% to $94.55MM, due to unfavorable impact of foreign currency exchange rate fluctuations.
$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?