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$ZTS's 3Q15 effective tax rate on adjusted pretax income was 25.1% compared to 28.3% in 3Q14. The lower effective tax rate was mainly due to changes in the jurisdictional mix of earnings, which includes the impact of the location of earnings as well as repatriation costs.
$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?