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$ALTR effective tax rate for the nine months ended Sept. 25, 2015 was 14.6% compared to 11.6% for the previous year. The change in effective tax rate was driven by adverse geographic mix of earnings. During the same period $ALTR recognized a one-time benefits of $7.1MM related to foreign tax credits earned in excess of a foreign dividend.
$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?