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$CMC's Americas Recycling segment recorded adjusted operating loss of $7.6MM for 2Q16 compared to loss of $9.7MM last year. The performance was primarily due to per ton margin expansion of 9% on ferrous and 7% on nonferrous shipments. But, ferrous and nonferrous tons shipped fell 16% for 2Q16, which outweighed improvement in average metal margins.
$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?