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$MDLZ's Latin America net revenue fell 35% in 1Q16, mainly due to deconsolidation of the Venezuelan operations. Net revenue in Asia Pacific, EMEA, and Europe fell in the quarter, primarily due to deconsolidating the coffee business. North America net revenue fell 0.4%, mainly due to the impact of an accounting calendar change made in prior 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?