Want to join the conversation?
Corrugated packaging company $WRK posted lower 3Q16 earnings vs. 3Q15 due to higher restructuring and other costs in the quarter. Net income was $92.3MM or $0.36 per diluted share vs. $156.4MM or 1.10 per diluted share in 3Q15. Revenue fell 2.8% to $3.6Bil vs. 3Q15, hurt by lower revenues in Corrugated Packaging and Consumer Packaging segments.
$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?