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$HSY 3Q15 earnings rose 30% to $154.8MM, or $0.70 per share-diluted, for the comparable period of 2014. Adjusted gross margin was 46% compared to 43.8% a year ago. The 220BPs increase was driven by price realization, supply chain productivity & costs savings initiatives, partially offset by higher commodity costs & unfavorable sales mix.
$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?