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Consulting firm $IBM said that 2Q16 revenue was $20.2Bil, pre-tax income was $3.5Bil and operating EPS of $2.95. The company continues to see strength in strategic imperatives and delivered 12% revenue growth led by cloud. $IBM continues to build as-of-service capabilities and cloud as-a-service revenue was up 50% with annual run rate of $6.7Bil.
$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?