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$FIS 2Q15 Call: Residual corporate expenses were $48MM. Expects corporate expense to trend down in 2H15. Effective tax rate was 33.4% vs. 30.2% for 2Q14. Adjusted cash flow from operations totaled $197MM. CapEx totaled $117MM resulting in free cash flow of $79MM. For FY15, FIS expects CapEx to be in line with previous guidance of 5-6% of revenue.
$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?