Want to join the conversation?
$PG said it improved gross margin and operating margin by triple digit indices, both including and excluding currency in FY16. The company added that it is in investment mode now, with savings to ramp up in two, three, and four years. $PG is well underway with the construction of a new site in West Virginia, scheduled to start production in CY17.
$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.