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$WAT said its effective operating tax rate for 1Q16 was 13.7%. Net interest expense was $6MM and the company's average share count came in at 82MM shares or approx. 1.8MM shares lower than in 1Q15. This is the net result of the company's ongoing share repurchase program.
$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?