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$HSIC's effective tax rate for 3Q15 was 29.6% on a non-GAAP basis vs. 30% last year. The lower tax rate is due to the implementation of ongoing tax strategies as well as higher earnings in countries with lower corporate tax rates. Further, $HSIC continues to expect effective tax rate to be around 30% for the remainder of the year.
$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?