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Communications and IT services firm $HRS reported a 2Q16 loss due to charge to write down goodwill and other assets of CapRock business. Net loss was $152MM or $1.23 per share compared to a profit of $139MM or $1.32 per share last year. Revenue grew to $1.84Bil from $1.21Bil. Non-GAAP EPS from continuing operations was $187MM or $1.49 per share.
$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?