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$ALB's Lithium and Advanced Materials 1Q16 net sales were $216MM vs. 1Q15. Bromine adjusted EBITDA was $62MM, up 16% YonY with net sales up just under 4% to $197MM. Refining Solutions net sales were $171MM and adjusted EBITDA was $55MM vs. 1Q15. Chemetall Surface Treatment net sales were $208MM, up 8% and adjusted EBITDA was up 14% vs. 1Q15.
$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?