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$MHFI said that 1Q16 segment operating profit rose 2% as vs. 1Q15. Excluding the unfavorable impact of a technology related impairment charge of 4 percentage points, higher amortization of intangibles related to acquisitions of 2 percentage points and disposition-related costs of less than 1 percentage point, segment operating profit rose 8%.
$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?