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$MAT 2Q15 Call: MAT is on track to deliver $125MM of gross savings in 2015. Adjusted operating profit was $23MM in 2Q15 and $8MM YTD. For 1H15, Barbie POS was up slightly on a global basis with double-digit gains in US. Worldwide shipping for Barbie was down 8% at constant currency YTD, with North America down 6% and International down 9%.
$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?