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For 1Q16, $JBHT reported that Intermodal segment, which represents 59% of total revenue, grew 6% YoverY driven by a 12% volume growth. Dedicated Contract Services segment revenue increased by 4% YoverY primarily from additional customer contracts. Revenue from Integrated Capacity Solutions segment grew 12% and Truck segment grew 5%.
$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?