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$K, which competes with $GIS, $CAG and Nestle SA, said that pre-tax upfront cost remained consistent with the company's original guidance of between $200-250MM or approx. $0.40-0.50 per share, about half of which should be in COGS. Full-year 2016 integration costs are expected to be between $0.02-0.03 per share.
$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?