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$PRU said Gibraltar Life earnings were $494MM for 2Q16 versus $471MM a year ago. Excluding a negative impact of $36MM on the comparison from foreign currency exchange rates, earnings grew by $59MM from a year ago. 2Q16 results include a benefit of about $40MM from the sale of a home office property that came with the acquisition of Star and Edison.
$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?