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$CAG said sales in its Consumer Foods segment, which comprises of 64.1% of total sales, fell 3% to $1.9Bil in 2Q16 as compared to 2Q15. Sales in the Commercial Foods segment rose 1% to $1.1Bil versus 2Q15. Segment operating profit was $331MM for the Consumer Foods segment and $162MM for the Commercial Foods segment.
$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?