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$VLO 2Q15 Call: Ethanol segment operating income was $108MM vs. $187MM in 2Q14. G&A expense excluding corporate depreciation were $178MM. Net interest expense was $113MM which is $15MM higher than in 2Q14 primarily due to debt issuance in March. D&A expense was $425MM. Effective tax rate was 30.8%. Total debt was $7.3Bil.
$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?