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$MRK 2Q15 Call: Full year 2015 revenue is expected to be $38.6Bil to $39.8Bil and GAAP EPS to be $1.52 to $1.71. Expect an overall decrease in OpEx as lower marketing and administrative expenses are partially offset by a modest increase R&D expense. Total OpEx in 2H15 to be approx. $200MM lower than in the prior year.
$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?