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$CL said Hill's Pet Nutrition, which accounts for 15% of the company's sales, increased 3.5% in 2Q16. Unit volume grew 1.5% with 2.5% higher pricing, while ForEx was negative 0.5%. Volume gains were led by the US, Western Europe and Russia. Hill's Pet Nutrition's organic sales increased 4% in the quarter.
$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?