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In 1Q16, $ADS' revenue rose 5% versus 1Q15. LoyaltyOne segment revenue fell 9%, negatively impacted by strengthening of the US dollar against both the euro and the Canadian dollar. Epsilon revenue fell 2% in the quarter due to weakness in agency offerings. Card Services revenue rose 17%, driven by higher average credit card and loan receivables.
$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?