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The broadband, voice and wireless Internet access provider $FTR posted a 3Q15 loss due to higher interest expense. Net loss was $14MM or $0.01 per share compared to a profit of $42MM or $0.04 per share last year. Revenue rose to $1.42Bil from $1.14Bil. Adjusted net income was $35MM or $0.03 per share for 3Q15.
$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?