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$SYK 2Q15 PR: Gross Profit for the quarter was $1,605MM compared to $1,555MM in 2Q14. Operating income for the quarter was $429MM compared to $307MM in 2Q14. These restructuring charges reduced the reported gross profit margin in the quarter from 66.3-66%, & reduced the reported operating income margin in the quarter from 23.8-17.6%
$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?