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David Driscoll of Citi follows up by asking if the pacing of cost savings change at all & is the forecast for the year still the same. $CPB COF Anthony DiSilvestro said the company is well ahead of its initial expectation both in the total amount & the timing. $CPB will continue to work & target its long terms targets of sales, EBIT & EPS in FY17.
$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?