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In 4Q15, $TEL's Industrial Solutions segment revenue declined 7% organically YoverY. Industrial equipment was down 3% organically with 11% reduction in orders. In Aerospace, Defense, Oil & Gas business $TEL continue to see growth in Commercial Air offset by about 40% decline in Oil and Gas market YoverY.
$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?