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$TAP, which owns brands like Borsodi & Carling, said that 4Q15 worldwide beer volume fell 1.7%, while Coors Light grew nearly 1% globally & more than 13% in Europe and International. Net sales fell approx. 13% in US dollars. Underlying pre-tax income fell 21.1%, with more than half of the decline driven by foreign currency & contract termination.
$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?