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$PEP's net revenue declined 5% in 3Q15 reflecting a 12-percentage-point impact of adverse foreign currency translation. EPS dropped 73% to $0.36 and organic revenue grew 7.4% in 3Q15. Core GM and core operating margin expanded 120 BP and 60 BP, respectively.
$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?