Want to join the conversation?
$ABC's distribution, selling, and administrative expense rose 26.8% in 1Q16, mainly due to the addition of MWI. Depreciation expense rose from 1Q15 due to an increase in the amount of capital projects being depreciated. Amortization expense rose due to the amortization of intangible assets from MWI and PharMEDium acquisitions.
$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?