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$TMO 2Q15 Call: In terms of synergies, realized $32MM of incremental cost synergies in Q2. For the full year, we expect cost synergies of $130MM, up $5MM from our previous guidance. Revenue synergies Q215 were $20MM, putting us on track to meet our full year 2015 guidance of $60MM with $20MM of adjusted operating income pull through.
$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?