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$APH's operating income increased to $295MM in 3Q15 with a very strong operating margin increase of 20.2% vs. 19.9% in 3Q14. This was a YoverY conversion margin on incremental sales of 24%. The increase of 30 BPs in operating margins over the prior year primarily resulted from an increase in operating margins in the Interconnect business.
$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?