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$GIS 4Q15 Call – Don, CFO: Adjusted GM increased by 70 BP in 4Q15, this was driven by positive net price realization. For FY15 in total Adjusted GM was down 70 BP to 34.7% reflecting impact of volume deleverage. Our input cost inflation for FY15 totaled 2%.
$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?