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Financial services holding company $SF 1Q16 net income fell 37.2% to $27.1MM, or $0.36 per diluted share vs. $43.1MM, or $0.56 per diluted share in 1Q15. Non-GAAP diluted EPS was $0.57 for the quarter. Net revenues rose 10.5% to $620MM vs. 1Q15, helped by higher brokerage revenues during 1Q16.
$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?