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During 1Q16, $ALLE's effective income tax rate was 21.6% vs. 22% in 1Q15. The decrease in the effective tax rate was primarily due to favorable changes in the mix of income earned in lower rate jurisdictions. This was partially offset by the YoverY change in the timing of amounts recognized for uncertain tax positions.
$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?