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$LM FY15 10-K: The effective tax rate was 34% vs. 32.8% in FY14. The provision for income taxes was $125.3MM vs. $137.8MM in FY14. Interest expense increased 10.2% to $58.3MM vs. $52.9MM in FY14. Interest income grew 17.2% to $7.5MM vs. $6.4MM in FY14, driven by higher yields earned on investment balances.
$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?