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Furniture company $LZB posted marginal increase in 1Q17 earnings driven by efficiently running manufacturing operations along with supply chain initiatives. $LZB said net income rose 0.95% to $13.81MM or $0.28 per share from $13.68MM or $0.27 per share a year ago. Sales fell 0.18% to $340.78MM from $341.42MM.
$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?