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$NWL 2Q15 Call: Our Tools segment delivered net sales of $205.2MM, a 7.7% decrease driven by FX. Core sales grew 1.3% as we comp against double-digit core growth in the prior year. Normalized operating margin in the Tools segment was 11.4%, a 210BP decline driven by increased advertising & promotion & negative FX.
$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?