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$MCK's 2Q16 earnings rose 32% to $2.63 per share and net income spiked 31% to $630MM from a year ago. Revenue increased 10% YoverY to $48.8Bil. Consolidated results include a pre-tax gain of $51MM or $0.14 cents per share, from the sale of its ZEE Medical business. The results also reflect strong operating performance across all of its businesses.
$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?