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Brian Wieser with Pivotal asks about EBITDA margins, if guidance is as a percent of gross revenue or revenue ex-tax. $TWTR CFO, Anthony Noto says that in terms of margins and guidance EBITDA margins are on a gross basis and it's 25-27%. In 2015, the company achieved 25% EBITDA margins on a gross basis, up from 21% in 2014. On a net basis, it's 27%.
$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?