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$WAB CEO Ray Betler said that the company saw good performance in its Transit business with revenue growth, improved profitability & strong backlog, while the Freight business continues to be affected by rail industry conditions & a dull economy. As a result, $WAB is focused on reducing costs, generating cash & investing in growth opportunities.
$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?