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During 4Q15, $AA posted revenue of $5.2Bil, down 18% from $6.4Bil in 4Q14. Organic growth in aerospace & acquisitions increased revenue 7%, more than offset by a 25% decline from lower alumina & aluminum prices, the impact of divested, closed facilities, and unfavorable currency.
$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?