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$DPS 2Q15 Q&A: Hong of Goldman Sachs asked about marketing growth as a percentage of sales. Marty replied that it's up $1MM and just coincidentally for 1H15, marketing spending came in at 7.6% of sales. DPS reported it's going to be 7.6% for FY15. It sounds like it should be 7.6% in 2H15.
$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?