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Travel website company $TRIP said that its 4Q15 net income fell 92% to $3MM or $0.02 per diluted share vs. $36MM or $0.25 per diluted share in 4Q14, hurt by an incremental $36MM after-tax charitable contribution expense over 4Q14, to settle the pledge obligation with the Foundation. Non-GAAP diluted EPS was $0.45. 4Q15 revenue rose 7% to $309MM.
$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?