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Medical technology company $SYK posted higher 1Q16 net income of $402MM or $1.07 per diluted share vs. $$224MM or $0.58 per diluted share in 1Q15, helped by higher earnings before income taxes. Net sales were $2.5Bil, up 4.9% as reported and 6.1% in constant currency, as foreign currency exchange rates negatively impacted net sales by 1.3%.
$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?