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$PNR 2Q15 PR: Net sales were $1,661.2MM, down 9% vs. $1,834.1MM in 2Q14. Net income was $147.8MM vs. $161.5MM in 2Q14. Diluted EPS was $0.84 vs. $0.81 in 2Q14. Gross profit was $566.2MM vs. $646.3MM in 2Q14. Operating income was $217.9MM vs. $226.4MM in 2Q14. Pentair paid dividends of $0.32 per share. Free cash flow was $310MM.
$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?