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$RTN 2Q15 Call: Bookings of $7.6Bil resulted in a book-to-bill ratio of 1.3. Sales of $5.8Bil were up 3%, led by the IDS business. Operating cash flow of $376MM was better than prior guidance and was higher than 2Q14, due to the timing of required pension contributions and the expected collection of the e-Borders settlement with the UK Home Office.
$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?