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$PKI's 3Q15 adjusted gross margins were 47.2%, up 40 BPs on a constant currency basis, driven primarily by volume leverage, mix and productivity gains. Further, adjusted SG&A was 24.8% of adjusted revenue, essentially flat over the same period a year ago. R&D spending in 3Q15 was up modestly as compared to the same period a year ago.
$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?