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Freight rail transportation provider $KSU reported 1Q16 net income of $108MM or $0.99 per diluted share, compared with $101MM or $0.91 per diluted share in 1Q15. Revenue of $563MM decreased 7% from last year. Adjusted diluted EPS of $1.03 flat compared to 2015.
$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?