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Machine vision systems company $CGNX posted higher 2Q16 results, helped by higher revenue. $CGNX said net income from continuing operations rose 1.16% to $43.52MM or $0.50 per share from $43.01MM or $0.49 per share a year ago. Revenue rose 2.39% to $96.21MM, helped by Y-on-Y growth in its industries; consumer electronics, automotive and logistics.
$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?