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Building materials manufacturer $LPX said its adjusted income from continuing operations for 1Q16 was $10MM or $0.07 per diluted share based upon a normalized tax rate of 35% as compared to a loss of $19MM or a loss per share of $0.13 reported in 1Q15. Adjusted EBITDA from continuing operations was $52MM in 1Q16 compared to $6MM in 1Q15.
$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?