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Oilfield services company $BHI reported a wider 2Q16 loss due to decline in revenue and higher costs and expenses. Net loss widened to $912MM or $2.08 per share from $190MM or $0.43 per share a year ago. Net loss per share in the quarter includes $1.18 per share of adjusting items. Adjusted loss per share for the quarter was $0.90.
$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?