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$HON's YoverY segment profit grew moderately in 3Q15. Aerospace segment profit was up 5% and margins expanded 150 bps to 21.8%. Automation & Control Solutions segment profit was up 5% and margins expanded 130 bps to 17.2%. Performance Materials & Technologies segment profit was up 4% and margins increased 330 bps to 20.8%.
$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?