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$LEG's Residential Furnishings sales slid 1% in 3Q15 and same-location sales fell 2% due to raw material price deflation and currency impacts. Commercial Products sales grew 26% and same-location sales rose 15% on strong Adjustable Bed demand. Industrial Materials sales fell 14% on steel price deflation, while Specialized Products sales rose 5%.
$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?