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$KEYS said its Measurement Solutions segment generated 2Q16 revenue of $639MM, in line with last year, including revenue from Anite. Gross margin improved 130 BPs to reach 60.6% as a result of increased revenue from software and R&D solutions. The company added that Measurement Solutions' operating margin was 19.5% compared with 21.3% in 2Q15.
$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?