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Marc Goodman of UBS asks on the emerging markets, how it is doing ex-Venezuela. $MRK said that excluding Venezuela, sales in emerging markets excluding foreign exchange was up about 5%. The company is seeing good growth in countries like China where $MRK had about 11% growth outside FX. In future, the company expects growth in emerging markets.
$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?