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Defense contractor $RTN said 4Q15 sales were $6.3Bil, up 3% led by Missiles, IDS and Forcepoint businesses. IDS sales rose 5% vs. 4Q14 mainly due to higher sales on certain International Patriot programs and on the Air Warfare Destroyer program. ISS sales fell to $1.4Bil vs. 4Q14 mainly due to lower sales in an international classified program.
$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?