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$YUM 2Q15 PR: Worldwide system sales grew 3% and restaurant margin was even at 15.5%. Worldwide operating profit decreased 1%. Total revenues including company sales and Franchise and license fees & income were $3,105MM vs. $3,204MM in 2Q 2014. Total net income $235MM vs. $334MM in 2Q14.
$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?