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$TXT 2Q15 Call: Textron Systems: revenues were up $40MM. Segment profit was down $13MM reflecting an unfavorable product mix during the quarter. Industrial: Revenues increased $33MM. Segment profit decreased $8MM reflecting lower performance, partially offset by impact of higher volumes. Finance: Revenues decreased $3MM and profit increased $3MM.
$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?
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.