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$UTX's sales generated by Pratt & Whitney's international operations, including U.S. export sales, were 60% of segment sales in 2015. At Dec. 31, 2015, Pratt & Whitney's backlog was $52.5Bil, including $4.4Bil of U.S. Government-funded contracts and subcontracts. Of backlog at Dec. 31, 2015, about $8.8Bil is likely to be realized as sales in 2016.
$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?