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$HON 2Q15 Call: 3Q15 Guidance: Total sales $9.7-9.9Bil, which will be up 3-4% on core organic basis. Segment margins are expected to be up approx. 120-140 BP; expects margin rate to be benefit from operational excellence and good execution similar to 1H margin expansion. EPS to be $1.51-1.56, up 6-9% normalized for tax at 26.5% in both years.
$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?