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$K 2Q15 Q&A: Eric, Deutsche Bank: Any color on what VIE deconsolidation was & what led to that decision? Ron, CFO: This is a co-manufacturer making food for our US Snacks business & was consolidated into our results based on the accounting rules. In this quarter, the business sold itself to a third party & that triggered a change in our accounting.
$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?