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Broadcasting giant $CBS posted 4Q15 net income of $261MM, or $0.55 per diluted share, compared to $413MM, or $0.79 per diluted share, in the prior year quarter. This quarter's results included discrete items that totaled $185MM, net of tax, or $0.39 per diluted share. Revenue grew 6% YoverY to $3.91Bil.
$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?