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$ALB said that during 1Q16, it saw changes in business mix by country, particularly a great quarter by Jordan Bromine Company joint venture. This led to a lower-than-expected company-wide effect tax rate. The company expects 2016 tax rate, excluding special items, non-operating pension and OPEB items to be about 22-23%.
$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?