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$IVZ's adjusted operating expenses at $529.6MM declined by $16.8MM or 3.1% sequentially. Foreign exchange (FX) decreased operating expenses by $1.6MM during 3Q15. Employee compensation was $346.9MM, a decrease of $4.5MM or 1.3%. The decrease was due to a reduction in variable compensation for 3Q15. FX decreased compensation by $0.9MM.
$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?