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$RF 1Q15 10-Q: RF's income tax expense from continuing operations was $95MM vs. income tax expense of $151MM in 1Q14, resulting in effective tax rates of 28.7% and 33.3%, respectively. Income tax expense was lower in 1Q15 vs. 1Q14 due to lower pre-tax income and an income tax benefit of approx. $10MM related to net state deferred tax assets.
$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?