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Transportation services company $CHRW reported an increase in 1Q16 earnings. Net income rose to $118.9MM or $0.83 per share in 1Q16 compared to $106.4MM or $0.73 per share in 1Q15 helped by higher operating income. Total revenues decreased 6.9% to $3.07Bil versus 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?