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$YUM's global brand divisions are in line with previous expectations with better-than-expected Taco Bell performance covering up for lower-than-expected Pizza Hut performance. Full-year EPS is pressurized by an incremental 1-2 percentage points due to stronger than expected FX headwinds, including the mid-Aug. RMB devaluation.
$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?