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$TRIP 2Q15 Call: Other segment revenue grew 210% to $62MM, driven primarily by acquisitions in attractions and restaurants business and EBITDA margin was negative 3%. Effective tax rate was 29% and FY15 GAAP effective tax rate was expected to be 27-28%. Fully diluted shares outstanding at 2Q15-end was 146MM. CapEx was $23MM, or 6% of revenue.
$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?