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$LH's 4Q15 revenue was $2.2Bil, up 48% vs. 4Q14. The Covance acquisition contributed $670MM driving 44% YoverY revenue growth. The remainder of the increase was driven by organic volume growth across both core and esoteric testing, as well as benefits from Beacon LBS, price mix and tuck-in acquisitions that were partially offset by currency.
$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?