Want to join the conversation?
For FY16, $TSN expects domestic protein production (chicken, beef, pork and turkey) to rise about 2-3% from FY15 levels and moderate export growth. Higher domestic availability could pressure protein pricing. $TSN sees synergies of more than $500MM in FY16 and $700MM in FY17 from acquisition as well as profit improvement plan for Prepared Foods.
$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?