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$BHI's revenue for 2Q16 dropped by 39.31% to $2.40Bil from the year ago quarter. The decrease in revenue was driven primarily by a continued steep decline in activity and pricing pressure, mainly in the Eastern Hemisphere. Quarterly operational losses rose sequentially due to inventory write-downs and provisions for doubtful accounts.
$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?