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California-based company $MAT said it made good progress against its cost reduction goals in 2Q16. The company is pleased with the strength of its licensing partnerships, exemplified by recent announcements with Universal on Fast & Furious and The Jurassic World franchise. These will provide opportunities to accelerate growth in 2017 and beyond.
$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?