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$TMO 2Q15 Call: Great progress on the revenue synergies in Q2. Expect the revenue synergies to ramp up as the year unfolds. We’re $25MM halfway point, which puts us right on track to meet or exceed $60MM in revenue synergies for the full year. Expect to deliver $130MM of cost synergies in 2015, a $5MM increase over what we discussed last quarter.
$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?