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Entertainment company $VIAB reported net income of $303MM or $0.76 per share in 2Q16 compared to net loss of $53MM or $0.13 per share in 2Q15, helped by higher operating income. Adjusted net earnings attributable to Viacom was $303MM and adjusted diluted EPS was $0.76. Revenues declined 3% to $3Bil.
$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?