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$UA 1Q15 10-Q: Provision for income taxes $11.9MM vs. $11.6MM in 1Q14. Effective tax rate 50.3% vs. 46.1% in 1Q14. 1Q15 effective rate was higher than the effective tax rate for 1Q14 primarily due to continued international investments, along with increased non-deductible costs incurred in connection with the Connected Fitness acquisitions in 1Q15.
$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?