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$PX's gross margin for 2015 improved to 44.7% from 43.3% in 2014, primarily due to higher overall pricing and lower cost pass-through. Selling, general and administrative expenses decreased by 12%, due to currency impacts and cost reduction actions in response to weak underlying business trends.
$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?