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$QHC, which operates general acute care hospitals, reported a 2Q16 loss, hurt by a non-cash impairment charge of $250.4MM. For the reported quarter, the company posted a net loss of $245.06MM, or $8.63 per share, compared with net income of $1.43MM, or $0.05 per share a year ago. Revenue fell about 2% to $529.7MM.
$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?