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$DE, an agriculture and construction equipment maker, posted lower 2Q16 results, hurt by global farm recession, weak construction-equipment markets and lower sales. $DE said net income fell 28.34% to $495MM, or $1.56 per share compared to $690.8MM or $2.03 per share a year ago. Revenue fell 3.61% for the quarter to $7.88Bil.
$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?