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$LMT's sales in Information Systems and Global Solutions for 1Q16 slid by 4% from last year. The fall was due to lower sales as result of wind-down or completion of certain programs to provide IT solutions to U.S. defense and intelligence agencies and increased competition, coupled with fragmentation of existing large contracts into smaller.
$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?