Want to join the conversation?
$SYY 4Q15 PR: Net earnings were $73MM, a decrease of $181MM, or 71%, vs. 4Q14. Diluted EPS was $0.12, which was 72% lower compared to the same period last year. OpEx increased $368MM, or 21%, vs. 4Q14, primarily due to $313MM in merger termination expenses. Operating income was $121MM, a decrease of $304MM, or 72%, vs. 4Q14.
$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?