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Vertical Research Partners analyst James Armstrong probes on the weather impact in Texas, in the south in general, during 1Q16. $MLM CEO Howard Nye said that 1Q16 was relatively benign and not that negatively weather impacted. As per the company, April was a wet month and May needs to be a relatively dry month for the industry.
$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?