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$CAG's sales from Consumer Foods segment decreased 12%, about 7 points of which is attributable to the benefit of the extra week in the year-ago period. Adjusting for the benefit of the extra week in last year, sales declined 5%, reflecting a 4% volume decrease, flat price/mix, and a negative 1% impact from foreign exchange.
$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?