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Stifel Nicolaus of Mark Swartzberg asks for more color on $PEP's strategic investments made during 4Q15. CFO Hugh Johnston says the investments are geared towards productivity driving initiatives. The company expects to face few challenges in Brazil during 2016, while Latin America and Brazil are expected to perform better, adds Hugh.
$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?