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In 3Q15, $BAX's gross margin was 43.8%, SG&A totaled $670MM and decreased 15% on a reported basis and on a constant currency basis SG&A declined 6%. R&D spending in the quarter was $140MM decreased 5% vs. the prior year and on a constant currency basis R&D expenditure increased 2%.
$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?