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$IFF 2Q15 Call: Lucas Meyer Cosmetics (LMC) is headquartered in Quebec City, Canada with operations in France and Australia. This acquisition will allow IFF to enter fast growing market with approx. $44MM in annual sales and EBITDAR margins much higher than in flavors and fragrance industry.
$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?