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$BCR's 1Q16 net sales rose 7% over 1Q15 on an as-reported basis and up 8.5% on a constant currency basis. Organic revenue growth was 9% this quarter versus outlook of 5.5-6.0%. Geographically, 1Q16 US net sales grew 9%. On a constant currency basis, Europe was up 5%, Japan down 16%, and other international businesses up 20%.
$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?