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$DCI lowered FY16 adjusted operating margin guidance to range of 12.9-13.3% from prior forecast of 13-13.6%. Interest expense is expected to be $21MM, or about $5.8MM above last year. $DCI cut its FY16 effective income tax rate outlook to 25-26% from previous estimate of 25.5-27.5%.
$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?