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$AZZ's incoming orders for 2Q17 were $193.7MM while shipments totaled $195MM, resulting in a book to ship ratio of 0.99. In 2Q16, incoming orders were $233.5MM, resulting in a book to ship ratio of 1.09. $AZZ's backlog at end of 2Q17 increased to $352.8MM from $338.1MM last year. About 27% of backlog is expected to be delivered outside the U.S.
$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?