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$CHD's marketing expenses for 2015 rose by $0.6MM from last year. The rise was due to shifting some funds to trade promotion and couponing to continue to support consumer trial generating activities for Oxiclean megabrand. Marketing expenses as percentage of sales slid to 12.3% from 12.6%, due to leverage of expenses on higher sales.
$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?