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$YELP 2Q15 Call: Local revenue was $107.9MM, up 43% YoverY. Transactions revenues totaled $11.3MM vs. $1.2MM in 2Q14 primarily reflecting acquisition of Eat24, which contributed about $10MM and made up a vast majority of transaction revenue in 2Q15. We expect Local Advertising will account for about 90% of our target revenues in 2017.
$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?