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During 2015, $MA's unrecognized tax benefits related to tax positions taken during the current & prior periods fell by $183MM. The fall for 2015 was mainly due to settlements with tax authorities in multiple jurisdictions. As of Dec. 31, 2015, $MA's unrecognized tax benefits related to positions taken during the current & prior period were $181MM.
$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?