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$MCD's selling, general and administrative expenses rose 1% for 3Q15 and fell 4% for 9 months ended Sept. 30, 2015. The constant currency rise reflected higher incentive-based compensation costs. For 9 months, constant currency rise reflected higher technology and marketing costs, offset by lower employee costs and benefit from prior year costs.
$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?