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$TDC 2Q15 Call: FAS 86 amortization is expected to increase approximately $6MM or $0.03 of EPS for 2015 versus 2014. 2Q15 declined approximately $1MM and we expect an increase of approximately $2MM in 3Q15 and $4MM in 4Q15. As a reminder, FAS 86 amortization impacts product gross margin.
$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?