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$TSN 3Q15 Call: Beef segment continue to struggle this quarter resulting in an operating loss of $7MM. Sales volume was down 4% while average sales price was up 7% vs. Q3 of last year. In the short-term, we’re negatively impacted, but markets will equilibrate and conditions are expected to improve for the long term.
$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?