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$TWX 1Q15 10-Q: For 1Q15, costs of revenues increased to $4.088Bil from $3.851Bil in 1Q14, reflecting increases at the Warner Bros. and Home Box Office segments, partially offset by a decrease at the Turner segment. SG&A expenses decreased 6% to $1.189Bil from $1.270Bil for 1Q14, primarily reflecting decreases at the Turner segment and Corporate.
$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?