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JP Morgan analyst Ken Goldman asks about cost of beans rising above $SJM's expectations. $SJM says that it felt comfortable with the pricing changes it made, but as it gets into the key selling season, $SJM says that it has got the sharpest price points that it has had in a while. The next few months will tell where coffee price will settle out to.
$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?