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$CBS 2Q15 Call: Revenue was up 1% to $3.22Bil and we achieved an even 50-50 split between our advertising and non-advertising revenue sources. Affiliates and subscription fees grew 28%, underlying affiliate and subscription fees were up 11%. Content licensing and distribution was down 10% due to the timing of domestic TV licensing sales.
$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?