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$TTC said 2Q16 Residential segment sales decreased 11.1% to $238.2MM. The decline was mainly due to lower channel demand for zero turn riders, somewhat offset by increased demand for walk power mowers, driven by new products. Residential segment earnings in 2Q16 totaled $35MM, up 0.4% 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?