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$MO's 2015 net revenue rose 3.7% YoverY to $25.4Bil. Almost all of company's net revenue is from sales generated in the US. For 2015, $MO reported revenue increases in all its segment with Smokeable products revenue up 3.9%, Smokeless products up 3.9%, and Wine segment revenue up 7.6%.
$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?