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Aviation support company $AIR posted lower earnings during 4Q16, hurt by lower income from continuing operation. The company's net income was $12MM or $0.34 per diluted share vs. $15MM or $0.36 per diluted share in 4Q15. Net sales rose 10.2% vs. 4Q15, helped by increased sales of 11.2% in Aviation Services and 4% in Expeditionary Services segments.
$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?