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$BA's Network & Space revenue increased 5% to $2.1Bil, driven by commercial crew volume and it also generated strong operating margins of 11.5%, driven by favorable mix & productivity improvements. Global Services & Support revenue declined to $2.2Bil, driven by timing of deliveries, while its operating margins were strong at 12.9%.
$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?