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$PWR's gross margin for 2015 decreased to 12.2% from 15.1% in the previous year. These decreases were primarily due to the decrease in revenues from large electric transmission and mainline transmission projects, which typically yield higher margins, and an increase in revenues from services that typically yield lower margins.
$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?