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$MMC 2Q15 Q&A: Larry of Janney Montgomery asked about underlying margin change adjusted for headwinds. Michael explains that if you look specifically, say RIS. The overall margin in 2Q15 for the company was flat at 19.9% but year-to-date for the whole company is 21.6%, so it's up 120 BPs on a year-to-date basis.
$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?