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Aerospace and defense company $LMT posted higher 4Q15 net earnings of $933MM, up 3.2% or $3.01 per diluted share compared to 4Q14 helped by higher net sales. Net sales was $12.9Bil, up 3.2% compared to $12.5MM in 4Q14. The company announced agreement to separate and combine government IT and technical services businesses with Leidos Holdings, Inc.
$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?