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Filtration systems maker $DCI reported a 5.5% rise in 4Q16 earnings driven by lower costs and expenses. Net income rose to $59.5MM or $0.44 per share from $56.4MM or $0.41 per share last year. Net sales declined 2.8% to $593.8MM. Adjusted EPS increased to $0.46 from $0.45.
$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?