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$PKI expects constant currency adjusted GM to grow about 70 BP and adjusted operating margin to grow about 50 BP in FY16. Adjusted tax rate is expected to be similar to prior year at about 19.5% and weighted average share count is expected to be about 111MM shares.
$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?