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Information technology consulting and outsourcing firm $CTSH reported decline in 2Q16 earnings due to negative impact of incremental taxes associated with a one-time remittance of cash from India to the U.S. Net income fell to $252.4MM or $0.41 per share from $420.1MM or $0.68 per share last year. Non-GAAP EPS increased to $0.87 from $0.79.
$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?