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Sugar confectionary products maker $HSY said in North America, adjusting for the shorter Easter, the company was pleased with the seasonal performance. Non-seasonal candy, mint and gum (CMG) business was below expectations. In 1Q16, $HSY is pleased with the gains being made in Mexico and Brazil. As expected, China net sales declined in 1Q16.
$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?