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Advertising and corporate communications giant $OMC forecast challenging times ahead for the rest of 2016 as uncertainty over the completion of various projects could impact revenue. "Each year, we have found this year-end project work is between $200-250MM. Client spending on these projects is not easily forecast," CEO John Wren said.
$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?