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Lake Oswego, Oregon-based $GBX said it completed the profitable syndication of a significant portion of the 4,000 railcar portfolio acquired in 1Q16, generating revenue of $100MM and gross margin of $6MM. The company also added that lease fleet utilization declined in 2Q16, mainly driven by the sale of railcars on lease.
$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?