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$MHK said for 2Q16, its Flooring Rest of the World segment sales were up 51% with operating income rising 91% to a margin of 20% as reported. Operating income grew 67% to a margin of 21% on a local basis, excluding charges. The company's Flooring business improved significantly, led by premium laminate and LVT.
$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?