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Digital marketing company $TGNA posted higher earnings due to higher provision for income taxes. Net income from continuing operations was $99MM or $0.45 per diluted share vs. $38MM or $0.17 per diluted share in 2Q15. Revenues rose 7% and 9% on a pro forma basis due to strong Media and Digital segment performances.
$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?