Want to join the conversation?
$EL's cost of sales as a percentage of total net sales decreased to 19% in 3Q16 as compared with 19.5% in the prior-year period. This reflected a favorable impact of manufacturing variances of approx. 80BP and a decrease in shipments of promotional items and gifts of approx. 30BP. Opex, as a percentage of net sales, increased to 66.5% in 3Q16.
$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?