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$DAL's effective tax rate for 2015 was 36.8%, down 4.42% vs. 2014 mainly due to differences in the company's global tax rates. For 2016, the company expects annual effective tax rate to be between 35-36%. At Dec. 31, 2015, $DAL had approx. $9.5Bil of U.S. federal pre-tax net operating loss carryforwards, which do not begin to expire until 2024.
$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?