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$LRCX's effective tax rate for FY15 fell to 11.5% from 12.6% last year. The decrease was primarily due to geographic mix of income between higher and lower tax jurisdictions and an increased federal tax benefit in FY15 due to a retroactive reinstatement of 2H14 federal R&D tax credit in FY15.
$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?