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$K 2Q15 Call: North America’s operating profit decreased by 13%. This was a result of sales declines, increased distribution cost, timing of cost in our factories, and re-shedding of incentive compensation levels. We do expect results to improve as we progress to the balance of the year.
$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?