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For 2016, $DE expects a sales decline of about 7% and forecast earnings to be about $1.4Bil. Company equipment sales are projected to decrease about 7% for FY16 and to be down about 11% for 1Q16 compared with year-ago periods. This forecast includes a negative foreign currency translation effect of about 2% for 2016 and 4% for 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?