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Equipment rental company $URI posted lower 4Q15 results, hurt by higher restructuring charge. $URI said net earnings dropped 12% to $169MM, or $1.81 per share during 4Q15 compared to $194MM, or $1.88 per share in the prior year. Revenue fell 3% to $1.523Bil. Excluding items, $URI earned $2.19 per share.
$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?