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$CAT, the world's largest construction and mining company, reported a 4Q15 loss on lower revenue as its customers cut back spending due to weak commodity prices. $CAT posted loss of $87MM, or 15 cents per share, compared with a profit of $757MM, or $1.23 per share, a year earlier. Revenue fell 23% to $11Bil.
$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?