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$ADI 3Q15 Q&A: Pitzer of Credit Suisse asked about margin profile on Consumer business. David replied lots of puts and takes in both 3Q & 4Q, GM are a little bit dilutive in Consumer, but it's relatively modest compared to the corporate average. I think mix was actually pretty flat for 3Q, we think 4Q mix will be impacted a little bit negatively.
$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?