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$AIG's 3Q15 operating EPS was $0.52, down $0.67 from 3Q14. The company reports hedge fund returns on a one-month lag & private equity returns on a one-quarter lag. Reported operating tax rate was just shy of 20% driven by lower level of income & tax audit settlements during 3Q15. YTD tax rate of 32% is in line with expectations for the full 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?