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In 3Q16, $AA posted revenue of $3.4Bil in its Arconic segments, down 1% YoverY. This reflects customer adjustments to delivery schedules in aerospace and softness in North America commercial transportation. Total revenue was $2.3Bil in the Alcoa Corporation segments, flat sequentially, reflecting low alumina prices and impact of closed operations.
$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?