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During 2015, $WY's provision for income taxes fell $188MM compared with 2014, primarily due to lower earnings in its taxable REIT subsidiaries in 2015. $WY also recorded a $13MM tax benefit for the expiration of its built-in-gains tax period due to a change in tax law in 4Q15 and a $28MM tax benefit for the reduction in the deferred tax liability.
$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?