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$APD, which sells gases for industrial, medical and other uses, reported a 11% rise in 4Q15 earnings on lower costs and expenses despite a fall in sales. Net income rose to $344.5MM or $1.58 per share from $104MM or $0.48 per share last year. Sales fell to $2.45Bil from $2.68Bil. On non-GAAP basis, EPS grew 10% to $1.82.
$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?