Want to join the conversation?
Operator of retail home improvement stores $LOW posted higher 2Q16 earnings due to higher pre-tax earnings and comprehensive income. Net income was $1.16Bil or $1.31 per diluted share vs. $1.12Bil or $1.20 per diluted share in 2Q15. Net sales rose 5.3% to $18.3Bil vs. 2Q15, with comparable sales for the US home improvement business rising 1.9%.
$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?