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Medical products manufacturer $DHR reported higher 1Q16 results, helped by higher revenues. $DHR said net income rose 33% to $758.4MM, or $1.09 per share compared to $569.8MM or $0.79 per share a year ago. Revenue rose 14.7% to $5.387Bil for the quarter, with core revenue growth of 0.5%. Excluding items, $DHR earned $1.08 per share.
$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?
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.