Want to join the conversation?
Paint and coatings maker $PPG reported a rise in 1Q16 earnings driven by sales volume gains along with acquisition-related income and continued cost discipline. Net income rose to $347MM or $1.29 per share from $322MM or $1.17 per share last year. Adjusted EPS from continuing operations grew to $1.31 from $1.18.
$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?