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Atlanta, Georgia-based replacement parts distributor $GPC reported sales of $15.2Bil in 2015. Net income was $706MM, down just under 1% and EPS was $4.63. The currency impact was $0.14. In 2015, $GPC saw a slowdown in its Industrial and Electric businesses and had an unfavorable currency exchange impact primarily on the Automotive business.
$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?