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$BLK's 3Q15 revenue was $2.9Bil, up 2% vs. 3Q14, while operating income was $1.2Bil. Non-operating results reflected $6MM of net investment gains, largely driven by private equity and real estate investments gains. As adjusted tax rate was 29.3% reflecting several favorable non-recurring items. $BLK estimates 4Q15 tax rate to be 30%.
$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?