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In Services segment, $XRX retained the top position in Quocirca's Managed Print Services Market Landscape Report for the sixth consecutive year. In Document Technology, margin was strong and within the guidance range of 11-13%. GM was down 130 BP YoverY at 30.9%, driven by lower technology equipment GM and greater mix of services.
$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?