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For 4Q15, $APH's operating income rose to $289MM. Operating margin, excluding one-time items, was 20.2% equal to both the 4Q14 as well as the 3Q15. On an as-reported basis, operating margins were 19.5% for the quarter. Cable segment margins were 12.5% compared to 12.1% last year & interconnect segment margins were 22.4%, in line with last year.
$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?