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Healthcare services provider $HSIC reported higher 1Q16 results, helped by higher revenue. $HSIC said net income rose 10% to $113.75MM or $1.37 per share vs. $103.45MM or $1.22 per share a year ago. Revenue rose 10.1% to $2.7Bil, consisting of a 2% growth in local currencies and a 1.9% decline in FX. Excluding items, $HSIC earned $1.41 per share.
$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?