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$TEL's said that 1Q16 adjusted operating income was $444MM, down 5% in constant currency due to investments in transportation, impacts of oil and gas weakness and the distribution inventory corrections impacting the Industrial segment. GAAP operating income was $398MM, including certain charges.
$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?