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$HON 2Q15 Call: FY15 Guidance: Sales $39.0-39.6Bil, up approx. 3% on core organic basis. Company has increased segment margin guidance by 10 BP on low-end to 18.4-18.6% that’s up 140-160 basis points vs. last year. Free cash flow to be $4.2-4.3Bil, up 8-11% from 2014 even with CapEx investments rising to roughly twice that of depreciation.
$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?