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$CMI 2Q15 Call: Cummins’ International revenues declined by 6% YoverY mainly due to the negative impact of appreciating US dollar and weakness in all end-markets in Brazil. Revenues in China, including JVs, were $916MM, up 6% YoverY. Revenues in India, including JVs, were $309MM, up 6% YoverY. Revenues in Brazil were $110MM, down 43% YoverY.
$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?