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$ABC 3Q15 PR: Effective tax rate was 35.3%, down from 38% in 3Q. Expect annualized effective tax rate to be between 36-36.5% for full fiscal year. Diluted weighted average shares outstanding were 231.3MM, flat vs. 3Q14 as share repurchases offset employee stock option exercises.
$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?