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$EMR's sales from Process Management for 1Q16 fell 14% to $1.81Bil from last year and that from Industrial Automation dropped 30% to $808MM. Sales from Network Power slid 6% to $1.05Bil and that from Climate Technologies decreased by 13% to $787MM. Sales from Commercial and Residential Solutions declined 18% to $392MM.
$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?