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$KHC, which competes with $CAG and $TSN, said that it had sequentially weaker organic net sales growth in 4Q15, due to weaker overall volume mix. The primary source of the volume/mix decline were consistent with what was seen all the year. Growth in pro forma adjusted EBITDA in the US accelerated in 4Q15.
$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?