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Railroad freight car equipment maker $GBX reported a decline in 2Q16 earnings due to lower deliveries and earnings from non-controlling interest. Net income slid to $44.87MM or $1.41 per share from $50.35MM or $1.57 per share last year. Revenue grew to $669.08MM from $630.15MM.
$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?