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$LGF said its overall Motion Picture segment revenue was $362.5MM in 1Q17 compared to $275.4MM in 1Q16. Theatrical revenue more than doubled in the quarter to $47.2MM due to a larger wide release slate than in 1Q16. Television revenues from the Motion Picture segment grew 10% to $53.3MM.
$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?