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$VAR 2Q15 10-Q: Effective tax rate was 28% vs. 27.6% in 2Q14. Backlog at April 3, 2015 was $3.1Bil, which was an increase of 10% over the backlog at March 28, 2014. Trade accounts receivable DSO was 88 days at April 3, 2015 vs. 95 days at March 28, 2014. Excluding VPT, DSO was 79 days at April 3, 2015 vs. 85 days at March 28, 2014.
$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?