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$GIS's capital expenditures totaled $294MM through 1H16. The company is on track to deliver $400MM in cost of goods Holistic Margin Management (HMM) savings in FY16. The company expects FY16 total segment operating profit to be flat to last year and adjusted diluted EPS to grow at a low-single digit rate.
$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?