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During FY15, $V recognized a tax benefit of $296MM resulting from the resolution of uncertain tax positions with taxing authorities. Of the $296MM benefit, $239MM relates to prior fiscal years. At Sept. 30, 2015, $V's total gross unrecognized tax benefits were $1.1Bil, exclusive of interest and penalties.
$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?