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In 2Q16, $AA's Arconic Value-Add segments posted revenue of $3.5Bil, up 1% YoverY, reflecting 5% revenue increase related to acquisitions, mostly offset by a 4% revenue decline mainly from metal price impacts. The Alcoa Upstream segments posted total revenue of $2.3Bil during 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?