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Industrial supply company $GWW said in 2Q16 sales rose 4% in April, 1% in May and was flat in June. Excluding acquisitions, organic sales fell 2% due to decline in volume and price. Sales were flat in June 2016 versus June 2015. In the US, June daily sales fell 3%, driven by declines from volume and price.
$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?