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$FTI said its largest segment, Subsea Technologies, revenue fell 29% to $1Bil, impacted negatively by the strong US dollar. Surface Technologies revenue fell 45.8%, hurt by a 52% decline in the North American rig count. Energy Infrastructure revenue fell 30.3%, due to steep activity decline in the North American land market.
$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?