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$KLXI said in 2Q16 Aerospace Solutions Group revenues increased 8.5% as compared to 1Q16. The recent acquisition of Herndon contributed approx. $28MM of revenues since its acquisition on May 17, 2016. $KLXI continues to expect synergies to add approx. $10MM of EBITDA per year to its business upon completion of the integration by the end of 2017.
$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?