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$CAT said its Energy & Transportation's sales were $3.278Bil in 1Q16, a decline of $1.637Bil, or 33% from 1Q15. The decrease was primarily the result of lower sales volume. Sales decreased in all applications with more than 80% of the decline in oil and gas and transportation.
$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?