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$BWA 2Q15 PR: Net sales for the quarter were $2,032MM compared to $2,197MM in 2Q14. Net earnings attributable to BorgWarner Inc were $157MM compared to $190MM in 2Q14. The impact of foreign currencies decreased net sales growth by approx, 11% compared to 2Q14. Excluding the impact of foreign currencies, net sales were up 4% compared 2Q14.
$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?