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$SAIC's operating margin for 1Q17 slid to 5.4% from 5.6% in the previous year quarter. The decrease was primarily due to increased current year selling, general and administrative expense as well as acquisition and integration costs related to lease exit costs.
$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?