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Business information provider $DNB reported a 27% drop in 1Q16 earnings due to negative impact by acquisition-related expenses. Net income fell to $30MM or $0.82 per share from $41MM or $1.13 per share last year. Total revenues rose to $375MM from $356.2MM. Adjusted EPS decreased to $1.18 from $1.29.
$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?