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$TXN 2Q15 Call: Operating profit was $1.01Bil, up 3% from 2Q14. Operating profit margin was 31.3% of revenue, up 150 bps from 2Q14. Operating profit margin for Analog was 35.5%. Operating profit margin for Embedded Processing was 19.6%. Net income was $696MM or $0.65 per share. CapEx were $125MM in the 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?