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In 2Q16, $TYC posted revenue of $947MM in its largest segment, North America Integrated Solutions & Services. This was up slightly compared to 2Q15. In Rest of World Integrated Solutions & Services, revenue of $768MM fell 9%, driven by a 9% unfavorable impact from FX rates. In Global Products, revenue of $616MM dropped 4% versus 2Q15.
$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?