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For 3Q15, $SWK's operating margin rate expanded post merger to 14.8%, which is 70BPs from a year ago quarter attributing to volume with sharp cost focus and price realization in both developed and emerging markets and commodity deflation. All together, 3Q15 delivered healthy operating leverage despite $70MM in foreign currency pressure.
$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?