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Energy services company $MTRX reported a decline in 4Q16 earnings due to continued market pressure on its customers as a result of current commodity pricing as well as lower revenues. Net income slid to $9.13MM or $0.34 per share from $10.92MM or $0.40 per share last year. Revenues fell to $359.64MM from $364.42MM.
$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?