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$HSY, the largest chocolate manufacturer in North America, reported lower 1Q16 results, hurt by weak demand for non seasonal products, mainly in its largest North America market. The company also said it bought Ripple Brand Collective, LLC, which owns the barkTHINS chocolate snacking brand.
$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?