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Payments processor $PYPL reported a 28% growth in 4Q15 earnings driven by higher payment volume, customer account and a 17% revenue growth. Net income rose to $367MM or $0.30 per share from $286MM or $0.23 per share last year. Net revenue grew to $2.56Bil from $2.19Bil. Non-GAAP EPS increased to $0.36 from $0.28.
$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?