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Aerospace and defense technology company $OA reported a rise in 2Q16 earnings driven by higher operating income across its 3 segments and lower income tax rate. Net income rose to $72.1MM or $1.23 per share from $54.8MM or $0.92 per share last year. Revenues slid to $1.05Bil from $1.08Bil. Adjusted EPS increased to $1.35 from $0.98.
$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?