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George Tong of Piper Jaffray asks about services margin; cadence of margin improvement through the year. $XRX said one should think about expansion throughout the year or quarter-by-quarter, that's the expectation. Service margin came in about where the company expected it to come in.
$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?