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For 2Q16, $EL's operating income rose 10%, or $101.8MM to $1,082.6MM. Operating margin rose to 18.2% of net sales vs. 17.3% in the prior-year period. The overall operating results and operating margin were impacted by a favorable comparison of approx. $127MM related to FY15 accelerated orders.
$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?