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$ITW 2Q15 Call: Operating margin was up 80 bps YonY to 21.3%, a new all-time record. After-tax ROIC reached our enterprise strategy target of 20% plus. In 1H15, invested roughly $300MM in our businesses as we added capital equipment to expand capacity, launched new products, and continue to simplify our businesses.
$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?