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$BBBY said net interest expense in 2Q16 was about $18.2MM versus $25.1MM last year. Approx. $5MM of the decrease resulted from a favorable change in the value of the company's non-qualified deferred compensation plan investments. The favorable change was offset by an unfavorable change in SG&A and hence a $5MM reduction did not impact net earnings.
$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?