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$ADS, which provides credit card and loyalty programs, reported a higher 2Q16 net income, but profit fell on charges related to an acquisition. For 2Q16, net income increased 8% to $141MM, while EPS fell 41% to $1.24 due to $1.14 in accretion charges related to the company's purchase of the remaining 20% interest in BrandLoyalty, $ADS said.
$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?