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$AZZ's incoming orders for 1Q17 were $250.5MM while shipments totaled $242.7MM, resulting in a book to ship ratio of 1.03. In 1Q16, incoming orders were $215.2MM, resulting in a book to ship ratio of 0.94. $AZZ's backlog at end of 1Q17 increased 11% to $354.2MM from last year. About 25% of backlog is expected to be delivered outside the U.S.
$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?