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$HSY, which owns iconic brands like Reese's and Hershey's Kisses, said its 4Q15 earnings rose 5% to $213.4MM or $0.98 per share versus $202.5MM or $0.91 per share for the comparable period of 2014, helped by expansion in gross margin. Net sales fell 5% YoverY to $1.90Bil due to the impact of acquisitions and foreign currency exchange rates.
$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?