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Wells Fargo analyst Judson Bailey wants to know if $FTI can provide an outlook on the Subsea segment margins for 2017. CFO Maryann Mannen says the company plans to maintain double digit margins for the business in 2017. $FTI has done "a lot of work" on product cost reduction, and that should benefit the company in 2017, Mannen said.
$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?