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$HRL 3Q15 Call: We had record non-GAAP earnings of $0.56 per share, up 10% over last year with 4 of our 5 segments registering gains. Generated sales of $2.2Bil, a decrease of 4% vs. last year. Sales were lower due to turkey supply shortages in Jennie-O Turkey Store and price deflation in pork markets impacting Refrigerated Foods & International.
$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?