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Industrial replacement parts distributor $GPC said that in constant currency the company's automotive business was up 4.4%, industrial was down 1.7%, office products was down 2.5% and electrical was down 3.4%. $GPC also said that its top 20 customers are up low single digits with 15 of the customers running positive results thus far.
$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?