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$MDLZ 2Q15 Call: Acquired Kinh Do snacks business in Vietnam. Confident of delivering 2016 adjusted operating income margin of 15-16%. Biscuits and chocolates now make up nearly 70% of company’s revenue, with gum and candy at about 15%. Post coffee, beverages segment is composed entirely of powdered beverages and represents 6% of revenue.
$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?