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$MO's revenue from smokeable products segment for 4Q15 rose by 0.8% from last year, on higher pricing, partially offset by lower shipment volume. Revenue from smokeless products segment grew by 4.7%, on higher pricing, partially offset by higher promotional investments. In the wine segment, Ste. Michelle revenues grew by 7.4%.
$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?