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In 3Q16, $LII had net after-tax charges of $200,000. This amount included a gain of $700,000 for the net change in unrealized gains on unsettled futures contracts and a $400,000 charge for restructuring activities and $500,000 of charges for other items net. Corporate expenses were $27MM in the quarter compared to $24MM last year.
$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?