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$RL 1Q16 PR: Guidance for FY16: Consolidated net revenues are expected to increase by mid-single digits in constant currency. Operating margin to be 180-230 BP below 2015 level due to negative foreign currency effects. For 2Q16, consolidated net revenues to be up 3-5% in constant currency and operating margin to be approx. 275-325 BP below 2Q15.
$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?