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Advertising holding company $IPG posted net income available to IPG common stockholders of $5.4MM or $0.01 per diluted share vs. net loss of $1.8MM or break-even diluted loss per share in 1Q15. Revenue rose 3.9% to $1.74Bil vs. $1.68Bil in 1Q15, helped by higher revenue in the US. 1Q16 organic revenue rose 6.7% vs. 1Q15.
$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?