Want to join the conversation?
$FOSL 2Q15 Call: Operating income decreased to $70MM, including a $28MM unfavorable currency impact. Operating margin decreased to 9.5% vs. 11% in 2Q14. Effective income tax rate was 28.7% vs. 31.2% in 2Q14. The lower tax rate was driven by the favorable impact of tax audits completed during the quarter.
$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?