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Bryan Spillane of BAML asks about industry forecast for the medium term. COO James Quincey said that $KO has not changed its medium-term outlook for the industry and he added that the company still expects robust growth in the long term. But in the short term, $KO expects industry growth to be moderated slightly.
$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?