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$DAKT said live events declined due to the timing of orders converting to sale based on customer delivery expectation and needs and due to the slight order decline in the year. For FY16, the company said gross profit declined to 21.2% compared to 23.5% in FY15. For 4Q16, gross profit was 20.2% compared to 22.3% a year ago.
$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?