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$V 3Q15 Call: Solid quarter with strong revenue and earnings growth against an economic backdrop that continues to be uncertain. Recognized a tax benefit of $280MM, resulted in an effective tax rate of 22% and shifted $0.12 into 3Q15 from 4Q15. Based on the shift, 4Q15 tax rate is expected to be approx. 34% and for the full-year between 29% and 30%
$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?