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$MMS, a provider of government services, said it has closed acquisition of Ascend. Excluding transaction costs, $MMS sees that Ascend will contribute about $13MM in revenue and that it will be neutral to earnings for remainder of its FY16. As result, $MMS still sees FY16 revenue of $2.4-2.5Bil and EPS of $2.40-2.70.
$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?