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$MU 3Q15 10-Q: Effective tax rate was 19.7% in 3Q15 compared to 6.1% in 2Q15 and 9.7% in 3Q14. Effective tax rate was 10% for the first nine months of 2015 and 12% for first nine months of 2014. Income taxes for 3Q15 included $22MM of expenses related to the utilization of deferred tax assets by the MMJ Group.
$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?