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For 2016, $IR said that it expects transport market in North America to be flat. Industrial revenue is expected to be in the range of down 4-6% on a reported basis and down 2-4% organically. $IR expects Climate adjusted operating margins to be in the range of 14.0-14.5% and Industrial adjusted margins to be in the range of 12.0-12.5% for 2016.
$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?