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$EA FY15 10-K: Effective tax rate was a tax expense of 5.4%. The FY15 effective tax rate differs from the statutory rate of 35% primarily due to the utilization of US deferred tax assets, excess tax benefits from stock-based compensation deductions allocated directly to contributed capital, and non-US profits subject to a reduced or zero tax rates.
$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?