Want to join the conversation?
Allegan, Michigan-based OTC pharmaceutical company $PRGO said it achieved record net sales for the year 2015 of $5.4Bil, which is a 28% increase YoverY, with record adjusted operating margins. The company said it expanded adjusted gross margin by 400 BP to 48%, driven by strong business mix, including the addition of the new Omega business.
$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?