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$PG said the company is on track to improve gross and operating margins by triple digit indices both including and excluding currency impacts in FY16. Over the past 18 months, $PG has divested, discontinued or consolidated 55 brands, including the completion of the Duracell transaction. The company has 50 more brands in the exit process.
$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?