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$WOR said in Steel Processing, direct shipment volume was flat in 1Q17 compared to 1Q16. Total volume was down 6% excluding the WSP JV which was unconsolidated last year. Construction was the strongest major market segment with shipments up 29% this year. Agriculture was down 6% and Heavy Truck was the weakest segment, down 23%.
$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?