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$CLX, which competes with $CL and $PG, said it continues to anticipate 2016 sales growth of flat to up 1% based on solid 1H16 sales growth, followed by flat sales in 2H16. This reflects strong volume growth, offset by foreign currency declines and higher trade promotions investment. 2016 sales outlook reflects stronger growth in the US.
$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?