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The Manchester, U.K.-based $PNR swung to 3Q15 profit helped by loss from sale/impairment of discontinued operations in last year that did not occur this year. Earnings were $115.2MM or $0.63 per share vs. a loss of $186MM or $0.95 per share last year. Sales fell 12% to $1.6Bil due to fall in core sales and negative impact of FX translation.
$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?