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Andrew Burns of DA Davidson asks for an update on international shipments. $VSTO said its international business is lumpy and the contracts tend to shift from quarter to quarter. The company tends to face delays in final approvals and shipping and revenue recognition in this business. The trend of timing issues is common in this business.
$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?