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$APD expects FY16 tax rate to be in 24-25% range, likely closer to 25%. The company said that non-controlling interest was $0.02 favorable due to the buyout of the remaining shares of Indura business in 4Q15. Higher shares outstanding reduced the EPS by $0.01.
$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?