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$PG's net sales for 4Q16 decreased by 3% to $16.1Bil from the previous year quarter, including a negative 3 point impact from FX and negative 2 point impact from combination of Venezuela deconsolidation and minor brand divestitures. Organic sales rose 2% on higher organic volume.
$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?
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.