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Jefferies analyst Mark Wiltamuth asks $WFM to talk about the categories where it is seeing disinflation. COO A.C. Gallo says that the company saw deflation in beef costs and in actual retail prices mainly due to expanded promotion strategy. $WFM also saw deflation in its bulk products like almonds where prices dropped off the cliff.
$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?