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Durable Goods Orders: Unfilled orders for manufactured durable goods in May were down $5.7Bil or 0.5% to $1,195.5Bil. This has been down in five of the last six months. Inventories of manufactured durable goods were down following 23 consecutive monthly increases. It decreased 0.2% to $400.6Bil. This was followed by a 0.2% April increase.
$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?