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$MHK 2Q15 Q&A: Wood of Macquarie Securities asked with SG&A having leverage over past few years, what inning is company with the payoff of $1.1Bil of CapEx. Frank answered that some of CapEx projects are expanding the practice of business like the new plant in ceramic business. They also put in new capacity to manufacturing more polyester product.
$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?