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In 1Q16, $CR posted sales of $248MM in its largest segment Fluid Handling, down 10% compared to 1Q15. In Payment & Merchandising Technologies, sales were flat at $172MM versus 1Q15. In Aerospace & Electronics, sales increased 6% to $172MM while in Engineered Materials, sales dropped 2% to $68MM.
$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?