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Key Banc analyst Adam Josephson asks if $GEF is announcing a $50 a ton price increase along with other producers on containerboard and the reason behind it. $GEF says it has announced a $50 a ton price increase on all containerboard grades effective Oct. 1. The company has had inflationary costs eroding its earnings.
$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.