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$LECO said 2Q16 sales fell 10.9% to $592.4MM, hurt by a 32.6% decline from unfavorable forex translation and lower volumes of 9.7%. "While we have yet to see sustained improvement in industrial demand across all of our businesses, we continue to invest ....with a broad range of product launches," CEO Christopher Mapes said.
$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?