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$STZ 1Q16 Q&A Update – Robert, CEO: On shedding low-end of wine portfolio, we do desire to continue to offer a full portfolio of wines to both our wholesale & retail customers and feel that it’s strategically important to remain in that business. Now that said, we really do not focus any of our advertising or marketing dollars against those brands.
$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?