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$TAP's 1Q16 effective tax rate was approx. 11%, down vs. 1Q15, mainly driven by tax benefits realized from transaction-related costs resulting from the pending acquisition, as well as favorable tax treatment associated with the sale of the Vancouver brewery. This was partially offset by lower net discrete tax benefits recognized in 2016 vs. 2015.
$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?