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Defense company $GD said its subsidiary, General Dynamics NASSCO, has been awarded a contract by the US Navy to design and construct 6 next generation John Lewis class of fleet oilers. First ship was funded in the FY16 budget, and the US Navy's FY17 budget requests advance procurement for a second ship, with procurement expected to occur in FY18.
$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?