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During 4Q16, $AIT's Service Center Based Distribution segment sales fell $31.6MM or 5.7% vs. 4Q15. Acquisitions added $9.5MM or 1.7% and negative foreign currency impact reduced sales by 1.2% for this segment. Core same-store operations fell 6.2% with the majority of this decrease relating to operations that sell to the upstream oil & gas industry.
$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?