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$PEP 2Q15 Call – Indra Nooyi, CEO: We are very pleased with our performance in the quarter. Organic revenue grew 5.1%, with Global Snacks up 8%, and Global Beverages up 2%. Core gross margin improved by 115BP. Core constant currency operating profit grew 8% and core constant currency EPS grew 11%.
$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?