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$KMB 2Q15: Net sales for the quarter were $4,643MM compared to $4,953MM of net sales in 2Q14, a decreased of 6%, as changes in foreign currency exchange rates reduced sales 10%. Organic sales rose 4%, including a 10% increase in developing & emerging markets. Net loss for the quarter was $305MM compared to $509MM in 2Q14.
$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?