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Alexia Howard of Bernstein asks for an update on investments in China. $SJM CEO Mark Smucker replied that the company has an minority investment in an oatmeal business in China and that has continued to grow YoverY. As it relates to other things, he added that it is just a little bit early for the company to give any specifics.
$YHOO is reporting today after market close. Nobody cares about this stock.
$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.