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$RHI's 1Q16 GM dollars were $532MM, up by 7.7% versus $494MM for 1Q15. During the quarter, GM dollars increased for all three of the company's reportable segments versus 1Q15. The provision for income tax was 37.7% vs. 39.2% 1Q15. The lower tax rate is primarily due to foreign investment elections that impact the provision positively vs. 1Q15.
$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?