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Craig Huber of Huber Research Partners asks about 2Q16 incentive compensation. $MCO CFO Linda Huber replied that incentive comp for 2Q16 was $35.6MM and that was 10% of the total comp expense. She added that last year incentive comp expense was $42.8MM and it was down 17% YoverY.
$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?