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$KHC's 4Q15 US segment pro forma net sales rose 0.2% to $5.1Bil vs. 4Q14, including a 4.6 percentage point benefit from the 53rd week of shipments. Canadian pro forma net sales fell 16.1% to $632MM vs. 4Q14, hurt by negative 15.4 percentage point impact from currency, partially offset by 4.1 percentage point benefit from the 53rd week of shipments.
$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?