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$KO which has a portfolio of $20Bil brands plus in its kitty has delivered 3Q15 earnings that exceeded analysts' expectations, but revenue fell 5% for 3Q15 and fell 2% YTD. Organic revenue growth was 3% driven by 3 points of positive price and mix and packaging initiatives. 3Q15 reported EPS was $0.33 while comparable EPS was $0.51.
$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?