Want to join the conversation?
Ali Dibadj with Sanford Bernstein asks about the confidence to raise earnings guidance. $PEP CFO Hugh Johnston said the company is seeing significant innovation launching in 2H16 that it is very optimistic about. This will have a disproportionate impact in the back half of the year, which is the cause for optimism in the balance of the year.
$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?