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Jeremy Scott of CLSA asks about the volume performance for Applegate since it was taken over by $HRL. COO Jim Snee replied that the company has seen some growth and some increased distribution. Jim added that on a short-term basis, the brand is on target to deliver what the company said it would deliver at the time of acquisition.
$YHOO is reporting today after market close. Nobody cares about this stock.
$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.