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$TXT's gross margin for 2015 improved to 17.7% from 17.1% in 2014. This was driven by Textron Aviation segment, primarily reflecting net impact of Beechcraft acquisition, which includes benefit of integrated cost structure of Beechcraft and Cessna, and lower amortization of fair value step-up adjustments from Beechcraft inventories.
$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.