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For FY16, $ACN continues to expect its annual effective tax rate of 22.5-23.5% on a GAAP basis and 24-25% on an adjusted basis, excluding an estimated 1.5% impact from the gain on the sale of Navitaire. The outlook now assumes a foreign-exchange impact of negative 4.5% compared to the prior foreign-exchange assumption of negative 5%.
$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?