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Robert Wertheimer of Barclays asks whether $CAT sees signs of stabilization in North American construction. CEO Doug Oberhelman replied that there is no material downside at the moment. He added that the company does not see it collapsing or sees a big fall-off, but $CAT would like to see the growth increase based on increased economic activity.
$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?