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$TAP's 3Q15 earnings declined 4.3% to $1.40 per share, hurt by unfavorable foreign currency movements, increased brand investments, and the termination of its Miller brands agreement in Canada and the Modelo brands and Heineken brewing contracts in the U.K. this year. Revenue declined 12.9% YoverY to $1.02Bil, due to unfavorable FX exchange rates.
$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?