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$GIS 4Q15 Call – Don, CFO: FY16 Guidance: Net sales to be flat in constant currency; Expect to deliver $400MM in cost of goods HMM; HMM plus Century savings adjusted GM is expected to improve from FY15 levels. We expect our media investment to decline slightly. Total segment operating profit at low single digit rate in constant currency.
$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?