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LED lighting and lighting controls provider $AYI said its adjusted operating profit for 3Q16 was a quarterly record of $146.1MM compared with an adjusted operating profit of $108.1MM in 3Q15, an increase of 35%. Adjusted operating profit margin was 17.2%, up 140 BPs from the adjusted margin in the year-ago period.
$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?