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Industrial conglomerate $HON posted 1Q16 net income of $1.2Bil or $1.53 per diluted share compared with net income of $1.1Bil or $1.41 per diluted share in 1Q15. Net sales were $9.5Bil, up from $9.2Bil in 1Q15. The company repurchased over $1Bil of shares during the quarter, and funded approx. $40MM in new restructuring projects.
$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?