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The maker of paint, glass and chemicals $PPG reported a 14.9% profit growth YoverY in its 3Q15. Net income from continuing operations was $433MM or $1.59 per diluted share in the quarter. Revenues for the quarter were $3.87Bil, down around 1.6% YoverY. Currency impact reduced sales by around 8%.
$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?