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Owner of world's largest credit rater $MHFI swung to a 4Q15 profit on higher margins and inclusion of SNL. The company reported net income of $248MM or $0.91 per share compared to a net loss of $846MM or $3.11 per share last year. Revenue grew 7% to $1.37Bil. Excluding items, $MHFI earned $1.04 per share.
$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?