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$JCI said that it is reducing its tax rate for 2016 from 19% to 17% and the company benefits from the continuous long-term tax planning initiatives that it has underway. The company now estimates its sales growth for Building Efficiency segment to be 2-4% for the year. Power Solutions growth is expected to be 4-6% for 2016.
$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?