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$CA FY15 10-K: Effective tax rate during fiscal 2015 and 2014 was 27.4% and 12.7%, respectively. This increase was due primarily from the favorable resolutions of uncertain tax positions in fiscal 2014 relating to the completion of the examination of in US federal income tax returns for the tax years ended March 31, 2005, 2006 and 2007.
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?
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.
Looks like Uber will be paying $20 million to settle a US Federal Trade Commission lawsuit. FTC accused Uber of false and misleading claims about driver pay and stuff. Uber however neither denied nor admitted and will just be paying the $20 million.