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Technology giant $IBM posted lower 3Q16 earnings, hurt by higher expenses and significantly lower systems segment sales. $IBM said net income fell 0.5% to $2.85Bil or $2.98 per share from $2.95Bil or $3.01 per share a year ago. Revenue for the quarter fell 0.5% to $19.2Bil.
$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?