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$XYL's Water Infrastructure posted orders of $590MM, down 1% organically. Book-to-bill was $1.07 in the quarter. $XYL exited the quarter with total backlog of $624MM, up 6% on an organic basis. Of this amount, approx. 52% is due to be shipped in the 4Q15 with most of the balance expected to shift in 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?