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$DLPH said that it won an appeal against the Internal Revenue Service's ruling that the auto supplier, a UK tax-resident, to be treated as a domestic entity & pay taxes to the U.S. The IRS Office of Appeals on April 8 concluded the rule does not apply to $DLPH and so no adjustments for the tax years of the appeals process 2009 & 2010 are necessary.
$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?