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Technical services company $JEC reported a decrease in 3Q16 earnings hurt by lower revenues and after-tax costs related to restructuring activities. Net income was $69MM or $0.57 per share in 3Q16 compared to $91MM or $0.73 per share in 3Q15. Revenues dropped to $2.7Bil from last year.
$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?