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$HAL 2Q15 Call: HAL is fully committed to its target of closing the Baker Hughes acquisition in late 2015 and will be extended if necessary. HAL reduced global headcount by over 16%. Corporate and other expenses were $70MM and expecting approx. $75MM in 3Q15. Effective tax rate was 26% and expected to be 26-27% for remainder of FY15.
$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?