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Open source solutions provider $RHT posted higher 2Q17 results, helped by higher revenue and gross profit. $RHT said net income rose 14.3% to $58.77MM or $0.32 per share from $51.4MM or $0.28 per share a year ago. Revenue for the quarter rose 18.97% to $599.81MM. Excluding items, $RHT earned $0.55 per share.
$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?