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$TDG said defense revenues for 3Q16 were up 3% YoverY. However, defense bookings for the quarter were down significantly compared to a year ago on tough comparisons. The EBITDA as defined margin was 48% of revenue for the quarter. On acquisitions, the company is looking at opportunities and have more small to mid sized deals than large.
$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?