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$CLX 4Q15 Call: FY15: expenses were in line with expectations and consistent with long-term target of about 14% of sales. Advertising spending was more than 9% of sales, with domestic spending at about 10% of US sales. Effective tax rate on earnings from continuing operations was 34.2% vs. 34.6% in FY14.
$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?