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$VFC 2Q15 Q&A: Telsey of Telsey Advisory asked about 2H15 marketing investments. Scott replied that demand creation is growing a little bit faster than the top line. In terms of modeling it out, VFC will continue to make those investments. But importantly, also improving the effectiveness of those investments and making those dollars work better.
$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?