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$NOV 2Q15 Call: NOV Rig Systems: Generated revenues of $1.9Bil down 24% sequentially and 19% compared to 2Q14. Revenue at our backlog was 24% sequentially to $1.7Bil. We completed eight offshore drilling equipment packages during the quarter. Operating profit for the segment was $395MM, yielding operating margins of 20.5% up 120 BPs vs. 1Q15.
$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?