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Wells Fargo analyst Andrew Casey questions whether the margin gain in Ag & Turf is consistent with the $76MM identified from 10-Q. $DE says that 3Q16 was a strong quarter for Ag & Turf. On lower sales, the operating margins were higher for this segment. Price realization continues to be very strong and a lot of this was cost management.
$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?