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$RAI 2Q15 Call: RAI’s second quarter adjusted operating income increased by more than 19% to $832MM. First half adjusted operating income to 1.5Bil. The Company’s second quarter adjusted operating margin rose by 4.2% to 44.4%. With moderation in cigarette industry volume declines in first half of this year, the Company’s cigarette volumes were up.
$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?