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$FIS 2Q15 Call: In GFS, a Top 10 US bank signed a multi-year software and services deal to utilize FIS’ leading consumer lending product. FX translation held back revenue by $63MM and EPS by $0.03. Segment results: IFS EBITDA margins were 39%; produced 89% recurring revenue. GFS EBITDA margins were 19.8%; had 70% recurring revenue.
$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?