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KeyBanc Capital Markets analyst Jeff Hammond questions $ATU on Hydratight's lumpiness in 2017 and on the bottoming process for Cortland and Viking. CFO Andy Lampereur says that the company needs to have a high hit ratio to maintain levels of sales and replace larger projects. Viking is long way off and there is no short-term fix for that.
$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?