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Video-on-demand company $NFLX posted higher earnings in 2Q16, helped by lower expenses compared to 2Q15. Net income came in at $40.8MM or $0.09 per diluted share versus $27.7MM or $0.06 per diluted share last year. Revenue grew about 7.5% from last year to $2.11Bil in 2Q16.
$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?