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Food and beverage company $DF reported net income of $39MM or $0.43 per diluted share in 1Q16 compared to a net loss of $74MM or $0.78 per diluted share in 1Q15. Net sales dropped to $1.87Bil from last year. Adjusted net income was $42MM and adjusted diluted EPS was $0.45 in 1Q16.
$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?
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.