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$FLIR's 2Q16 consolidated GM was 46%, down 273 BP from 2Q15, mainly due to changes in product mix, manufacturing costs under absorption & additional costs related to the ramp-up of low-cost IR lens capability. The company said that due to cost control measures, $FLIR's OpEx fell by $1MM YoverY in spite of adding expenses related to DVTEL business.
$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?