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$NEM said that after excluding $0.38 per share of non-cash tax valuation allowances and $0.20 per share for the gain achieved on the sale of its stake in Regis, 1Q16 adjusted EPS of $0.34. The valuation allowances are related to a tax restructuring of a foreign subsidiary acquired back in 2002 as part of the Normandy acquisition.
$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?