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$HRL 3Q15 PR: Net sales for the quarter were $2188.57MM, down 4% compared to $2284.95MM in 3Q14. Sales volume were up 3%. On a GAAP basis, net earnings were $146.93MM, up 6% from net earnings of $138MM a year earlier. Excluding Applegate transaction costs, non-GAAP net earnings were $152.5MM, up 11% from a year earlier.
$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?