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Industrial products maker $DOV posted disappointing 3Q16 results, hurt by declines in longer cycle oil & gas exposed markets and production inefficiencies in company's retail refrigeration business. Net income fell 30% to $130.08MM, or $0.83 per diluted share from $186.09MM, or $1.19 per share a year ago. Revenue fell 4.4% to $1.70Bil.
$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?