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$COL 3Q15 Q&A: Strauss of UBS asked about $30MM increase in accrual for customer incentives. Patrick replied that it’s a variety of different customers and a lot of it is timing. Had several large airline customers get customer incentives and haven’t seen as many liquidations over the course of 3Q15 as had in the prior quarters.
$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?