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$PKI 2Q15 Call: Second quarter adjusted gross margins were 47%, up 50BP on a constant currency basis, driven primarily by a volume leverage, mix and productivity gains. Second quarter adjusted SG&A was 24.2%, 50BP below the same period a year ago, the results of continued operating leverage from our indirect spend initiatives.
$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?