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$NOC's operating costs and expenses as a percentage of sales declined for 3Q15 as compared with the same prior-year period, which increased its operating margin rate to 13.3% from 12.9% in prior-year period. The reduction was driven by a $117MM increase in its net FAS/CAS pension adjustment and a $21MM decrease in unallocated corporate expenses.
$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?