Want to join the conversation?
$MLHR's consolidated GM was 38.4% in 1Q17. Operating income was $56MM or 9.4% of sales. Effective tax rate was 32%. The company ended 1Q17 with total cash and cash equivalents of $65.1MM. Cash flow from operations was $30.2MM. Capex was $22MM. $MLHR expects Capex of $80-90MM for FY17.
$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?