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$AXP, which competes with $V and $MA, said that it anticipates to see higher EPS in 2Q16 compared to 1Q16, due to the portfolio sale gain. The company said that it expects to see lower earnings during 2H16 as the relationship with $COST ends and the company continues to invest at elevated levels.
$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?