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$BK 2Q15 Q&A: Graseck of Morgan Stanley asked whether there is an FX-adjusted revenue and expense overall for total BK. Todd mentioned that it is about 3% negative on revenues and 3% positive on expenses, meaning lower expenses. He also said that net-net it was slightly negative to the company and that is about what it would expect going forward.
$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?