Want to join the conversation?
$PRGO's effective tax rate was 48.4% in FY15, up from 24.7% in FY14. For FY15, tax rate was higher due mainly to the impact of a valuation allowance on deferred taxes and Omega transaction costs. For FY14, tax rate was impacted by transaction costs, changes to estimated jurisdictional mix of income and new corporate structure due to the Elan deal.
$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?