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Medical technology company $INGN posted 4Q15 net income of $3.9MM, up 154% vs. $1.5MM in 4Q14, helped by strong revenue, improved GM, and a lower effective tax rate. Diluted EPS for the quarter was $0.19 vs. $0.07 in 4Q14. Total revenue rose 38.9% to $40.4MM vs. $29.1MM in 4Q14, helped by higher sales and rental revenues.
$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?