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$FOXA's Cable Network Programming OIBDA rose 12% to $1.38Bil, helped by a 10% revenue increase on higher affiliate revenues and low double digit advertising revenue growth, partially offset by a 9% increase in expenses. Television segment OIBDA fell $16MM vs. 3Q15, while Filmed Entertainment OIBDA rose 23% vs. 3Q15.
$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?