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$XYL's total backlog was $716MM at Dec. 31, 2015 and $740MM at Dec. 31, 2014. $XYL anticipates that more than 81% of the backlog at Dec. 31, 2015 will be recognized as revenue during 2016. $XYL invested $95MM and $104MM in research and development in 2015 and 2014.
$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?