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$MHFI 2Q15 Call: S&P Ratings Services revenue down 1% in the quarter, excluding the negative impact of forex, revenue grew 3%. Adj. operating profit grew 7% and adj. operating margin increased 370 basis points to 50%. Reduced head count from recent restructurings and lower incentive costs were the primary contributors to margin improvement.
$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?