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$JEC's 2Q16 revenue fell 4.2%, mainly due to reduced pass-through costs included in revenue. Petroleum & Chemicals revenue fell 17.2% due to lower business volume in the Oil & Gas and Refining markets. Aerospace & Technology revenue fell 4.5% and Buildings & Infrastructure revenue fell 3.8%, and Industrial revenue rose 20.5% in the quarter.
$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?