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$CPB said the revised net sales guidance reflects the impact of the Bolthouse Farms protein drinks recall and production outage, and the impact of a major customer moving to a dual source arrangement. The guidance includes a 1-point benefit from the Garden Fresh Gourmet acquisition and a 2-point negative impact from currency translation.
$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?