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Ohio-based company $WOR said Pressure Cylinders' operating margins for 1Q17 were below normal due to the impact of losses in oil and gas. Steel Processing operating income was up $31.7MM, excluding restructuring from the prior-year quarter, to $55.7MM. Revenue in Engineered Cabs was down 34% to $26MM.
$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?