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For 1H16, $BID reported net income of $63.1MM or $1.03 per share compared to $72.8MM or $1.04 per share in 1H15. The decrease is largely due to lower sales volumes associated with the decline in the art market. Total revenues in 1H16 declined to $405.1MM from last year.
$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?