Want to join the conversation?
In 3Q15, $EW's gross profit margin was 76.2%, a 390 BPs improvement over the prior year, approx. 220 BPs was attributable to favorable foreign exchange and approx 110 BPs related to favorable product mix. Assuming foreign exchange rates remain at current levels, $EW expects its gross profit rate in the fourth quarter of 2015 to be approx. 75%.
$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?