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$XEL's income tax expense grew $5.6MM in 2Q15 compared to 2Q14. The increase was mainly due to higher pretax earnings in 2Q15, partially offset by decreased permanent plant-related adjustments in 2015 and a tax benefit for an income exclusion in 2014. 2Q15 effective tax rate was 35.8% compared to 34.8% in 2Q14.
$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?