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Network services provider $JNPR posted a decline in 2Q16 earnings hurt by higher costs and expenses. Net income was $140MM or $0.36 per share in 2Q16 compared to $158MM or $0.40 per share in 2Q15. Net income fell 11% YoverY. Non-GAAP net income was $191.6MM or $0.50 per share. Net revenues were $1.22Bil, flat YoverY.
$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?