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Insurance and investment management company $LNC reported 4Q15 net income of $283MM or $1.14 per diluted share, down 18.7% versus $348MM or $1.32 per diluted share in 4Q14, hurt by lower revenues. Revenue fell 12.5% to $3.4Bil versus $3.8Bil YoverY.
$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?