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$WAT's effective tax rate was 14.6% for 2Q15 and 13.9% for 2Q14. As of July 4, $WAT expects to record additional reductions in the measurement of its unrecognized tax benefits and related net interest and penalties of about $5MM within the next 12 months due to the lapsing of statutes of limitations on potential tax assessments.
$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?