Want to join the conversation?
$MTSC said that revenue impact in 2Q16 was timing related and the company expects it will rebound in 2H16. The company said that it is eliminating 55-65 positions, primarily in the corporate organization and selectively in Test business unit. $MTSC expects to generate around $2.5-3.0MM in 2H16 and around $9MM annually through cost saving efforts.
$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?