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$MNST's operating expenses for 3Q15 rose by 14.5% from last year. The rise was primarily due to increased payroll expenses of $7MM, increased expenditures of $4.8MM for advertising, $3.2MM for sponsorships and endorsements, $3.2MM for commissions and increased costs of $3.1MM associated with terminating certain existing distributors.
$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?