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$KMB 2Q15 Call: In Personal Care, organic sales rose 5%, performance was a led by developing and emerging markets, where organic sales were up 13%. Overall personal care operating margins were 20.5%, the 190BP improvement YonY was enabled by three things: organic sales growth, cost savings and lower input costs.
$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?