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IT supply chain company $SNX posted 1Q16 net income of $46.6MM or $1.17 per diluted share vs. $46.3MM or $1.16 per diluted share in 1Q15. Non-GAAP diluted EPS was $1.37 for the quarter. 1Q16 total revenue fell 2.4% to $3.12Bil vs. $3.20Bil in 1Q15, hurt by lower products revenue and a dip in Technology Solutions revenue.
$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?