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$OI's effective tax rate for 9 months ended Sept. 30, 2015 rose to 33.2% from 22% last year, driven by earnings mix by tax jurisdiction and 2014 included higher benefits on reductions to several uncertain tax positions. $OI lifted 2015 effective tax rate guidance to 25-27% from prior forecast of 23-25%, primarily on Vitro acquisition.
$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?