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Dublin, Ohio headquartered health care services company $CAH reported 1Q16 results with significant progress on both top and bottom lines. On a YoverY basis, net earnings increased 44% to $384MM and GAAP diluted EPS surged 47% to $1.15 per share. $CAH also posted strong revenue increase of 17% to $29.1Bil compared to last year.
$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?