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$BWA 2Q15 Call: In the Drivetrain segment, reported sales were about $627MM in the quarter. Excluding currency, sales declined about 3% compared with the same period a year ago. On a reported basis, adjusted EBIT was $72MM for the Drivetrain segment. Excluding currency, adjusted EBITDA was $76MM or 11.2% of sales.
$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?