Want to join the conversation?
Electromechanical devices manufacturer $AME said 2Q16 results were in line with expectations. Sales were in line with expectations. Organic sales were down 7% while acquisitions added 4%. The impact from currency in the quarter was negligible. Operating income was $219MM and operating income margin was 22.4%.
$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?