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$PNR's sales from Valves and Controls for 4Q15 fell by 22% to $474MM from last year, and core sales declined 15% YoverY. Sales from Flow and Filtration Solutions slid by 8% to $354MM and core sales declined by 2%. Sales from Water Quality Systems rose 4% to $365MM and that from Technical Solutions grew 23% to $574MM.
$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?