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American tobacco company $RAI reported higher 4Q15 results, helped by higher net sales. $RAI said net income rose 88.5% to $279MM, or $0.19 per share compared to $148MM or $0.14 per share a year ago. Net sales rose 43% to $3.05Bil. Excluding items, $RAI earned $0.48 per share.
$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?