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$FMC's gross margin, excluding acquisition-related charges, decreased approx. 12% to $249MM in 3Q15 versus last year. Gross margin percent of 30% declined from 35%. The decline was due to lower volumes in Brazil within FMC Agricultural Solutions. The gross margin percentage decline was driven mainly by unfavorable currency movements.
$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?